Ghana Stock Exchange extends trading hours

Accra, Jan. 4, GNA - The Ghana Stock Exchange (GSE) has

extended its daily trading hours from three hours to five hours

effective January 4, 2011. The new trading hours shall be between 10.00 hrs and 15.00 hrs

GMT instead of from 10.00 hours to 13.00 hours. A statement by the Exchange on Tuesday said the change in

trading hours was to afford dealers increased contact hours with

their clients during the trading day. It is also meant to afford non-resident investors in time zones

different from Ghana, greater opportunity to reach out to their local

brokers, it added. "It is our expectation also that the extended trading hours will

help improve liquidity in the market place," the statement said.