🇬🇭 Ghana Stock Exchange

Mechanical Lloyd Plc (MLC) has announced a tender offer to purchase all its outstanding shares from shareholders as part of a process to delist the company from the Ghana Stock Exchange.

MTN Ghana (+1.27%) pushed the GSE Composite Index up by 11.74 points (+0.54%) to close at 2,178.03 with a 12.18% year-to-date return while the market capitalization increased by +0.22% to settle at GH¢56.91 billion.

Asante Gold Corporation (CSE:ASE/ FRANKFURT:1A9/U.S.OTC:ASGOF) engaged Black Star Advisors Limited of Accra Ghana to act as our Financial Advisor in connection with the Company’s proposed secondary listing on the Ghana Stock Exchange.

The benchmark index advanced by 33.27 points (+1.69%) on the back of four counters to close the week at 2,002.29 with a 3.13% year-to-date return while the market capitalization increased by +0.70% to settle at GH¢55.07 billion.