Trends - Ghana - Business Recorder

Ghana

Ghana hit by power outages due to limited gas supply

ACCRA: Several areas of Ghana were hit by power outages due to a drop in electricity generation on Thursday after...

Published 27 Oct, 2023 03:58pm

Markets

Ghana reopens debt exchange for 12.9bn cedis of local bonds

ACCRA: Ghana is reopening a debt exchange that was originally settled in February for another 12.9 billion cedis...

Published 14 Sep, 2023 12:50pm

World

Pakistan among countries in grip of debt problems

LONDON: The persistent and damaging debt problems gripping a number of developing world nations will be a core topic...

Published 03 Sep, 2023 02:57pm

Business & Finance

Envoy urges business community to invest in Ghana

KARACHI: High Commissioner of Ghana Eric Owusu Boateng has advised the business & industrial community of ...

Published 13 Jul, 2023 04:50am

Markets

Ghana agrees restructuring deal with banks on some domestic debt

ACCRA: Ghana has reached an agreement with banks to restructure 15 billion Ghana cedi ($1.36 billion) of locally...

Published 28 Jun, 2023 03:07pm

World

Macron’s Paris summit seeks new life for global finance agenda

PARIS: French President Emmanuel Macron hosts a summit on Thursday and Friday to pin down a roadmap for easing the...

Published 20 Jun, 2023 12:38pm

World

Paris summit to push for global debt and climate reform

PARIS: World leaders will gather in Paris this week with ambitions to reimagine global financing for a new era...

Published 19 Jun, 2023 11:19am

Markets

IMF approves $3.5bn loan agreement for Ivory Coast

WASHINGTON: International Monetary Fund (IMF) executives have approved a $3.5-billion loan agreement for Ivory Coast...

Updated 25 May, 2023 01:56pm

Business & Finance

Ghana plans ‘disciplined approach’ to IMF loan, says president

DOHA: Ghanaian President Nana Akufo-Addo said on Wednesday his government was planning a “very disciplined approach”...

Published 24 May, 2023 03:38pm

Markets

‘Nonsensical’: economist Atif Mian slams Pakistan govt’s policies

Criticises selling cheaper fuel at expense of GDP

Updated 24 May, 2023 05:21pm

Markets

IMF board approves $3 billion Ghana loan agreement

WASHINGTON: International Monetary Fund executives approved a loan agreement with Ghana worth around $3 billion...

Published 18 May, 2023 12:07pm

Business & Finance

Ghana expects first $600m tranche from IMF

ACCRA: Ghana expects the International Monetary Fund to approve a first loan tranche of $600 million as soon as...

Published 15 May, 2023 06:41am

World

Malaria cases spike in Malawi, Pakistan after 'climate-driven' disasters

What we've seen in places like Pakistan and Malawi is real evidence of the impact that climate change is having on malaria, says a global health chief

Updated 24 Apr, 2023 12:50pm

Markets

Ghana expects IMF loan approval in May

ACCRA: Ghana expects the International Monetary Fund’s board to approve a $3 billion loan in May, Finance Minister...

Published 14 Apr, 2023 02:27pm

World

China spent $240 billion bailing out ‘Belt & Road’ countries, study shows

JOHANNESBURG: China spent $240 billion bailing out 22 developing countries between 2008 and 2021, with the amount...

Published 28 Mar, 2023 12:11pm

Business & Finance

Fitch upgrades Ghana’s long-term local-currency issuer default rating to ‘CCC’

ACCRA: Ratings agency Fitch on Wednesday upgraded Ghana’s long-term local-currency issuer default rating to ‘CCC’...

Published 22 Mar, 2023 02:55pm

World

Ghana’s loan programme request to go to IMF executive board by end March: president

ACCRA: Ghana is on course for IMF staff to present the organisation’s executive board with Ghana’s request for a...

Published 08 Mar, 2023 05:42pm

World

G20 meeting in India: where debt-ridden countries including Pakistan are in focus

LONDON: Meetings being held in India will see top officials from the Group of 20 leading economies discuss how to...

Published 24 Feb, 2023 10:17pm

Markets

Kenyan shilling, Nigerian naira, Zambian kwacha seen under pressure

NAIROBI: Kenya’s shilling, Nigeria’s naira and Zambia’s kwacha are expected to remain under pressure against the...

Published 19 Jan, 2023 05:36pm

Business & Finance

Ghana again extends domestic debt exchange registration deadline

ACCRA: Ghana has further extended the deadline to register for its domestic debt exchange to Jan. 16 in order to...

Published 25 Dec, 2022 12:57pm

Business & Finance

Ghana to default on most external debt as economic crisis worsens

ACCRA: Ghana on Monday suspended payments on most of its external debt, effectively defaulting as the country...

Updated 20 Dec, 2022 11:32am

Sports

Suarez heroics not enough as Uruguay and Ghana both exit World Cup

DOHA: Uruguay crashed out of the World Cup on Friday despite beating Ghana 2-0 after South Korea scored a late ...

Published 02 Dec, 2022 10:52pm

Sports

World Cup revenge on Ghanaian minds as Uruguay sweat

DOHA: Uruguay stalwarts Edinson Cavani and Luis Suarez are fighting for their World Cup survival while Ghana will...

Published 02 Dec, 2022 11:30am

Sports

Ghana World Cup clash will be different this time, says Uruguay’s Alonso

DOHA: Uruguay coach Diego Alonso on Monday dismissed the importance of the South American side’s controversial 2010...

Published 29 Nov, 2022 10:42am

Sports

Kudus double for Ghana sinks South Korea in World Cup thriller

DOHA: Mohammed Kudus scored twice as Ghana beat South Korea 3-2 in a pulsating World Cup encounter on Monday to keep...

Published 28 Nov, 2022 08:47pm

Sports

Ronaldo scores in fifth World Cup as Portugal squeeze past Ghana

DOHA: Cristiano Ronaldo became the first man to score at five World Cups on Thursday when he scored the opening goal...

Published 24 Nov, 2022 11:22pm

World

Pakistan will be among first to receive G7 'Global Shield' climate funding

Statement issued by Germany listed Bangladesh, Costa Rica, Fiji, Ghana, Pakistan, the Philippines and Senegal as some of the initial recipients of Global Shield packages

Updated 14 Nov, 2022 07:41pm

World

World's first malaria vaccine making inroads in western Kenya

SIAYA: Lucy Akinyi's three children were infected with malaria so often she would be at their local health clinic in...

Published 03 Feb, 2022 12:06pm

World

17 killed, 59 injured by explosion in western Ghana

ACCRA: At least 17 people were killed and 59 injured Thursday in a devastating explosion in a western Ghana town...

Published 21 Jan, 2022 09:42am

Markets

Ghana 2021/22 cocoa arrivals at 42,768 T by Oct. 28

ABIDJAN: Ghana's graded and sealed (G&S) cocoa arrivals stood at 42,768 tonnes by Oct. 28 since the start of ...

Published 17 Nov, 2021 01:01pm

Gainers
Losers
Leaders

Stock	Price
Haseeb Waqas / Nov 30 Haseeb Waqas Sugar Mills Limited(HWQS)	10.38 ▲ 1.00 (10.66%)
Bela Auto / Nov 30 Bela Automotives Limited(BELA)	8.79 ▲ 0.81 (10.15%)
Dewan Sugar / Nov 30 Dewan Sugar Mills Limited(DWSM)	2.70 ▲ 0.21 (8.43%)
Sec. Inv. Bank / Nov 30 Security Investment Bank Limited(SIBL)	6.50 ▲ 0.46 (7.62%)
Bannu Woollen / Nov 30 Bannu Woollen Mills Limited(BNWM)	30.21 ▲ 2.11 (7.51%)
Chashma / Nov 30 Chashma Sugar Mills Limited(CHAS)	65.58 ▲ 4.58 (7.51%)
Crescent Steel / Nov 30 Crescent Steel & Allied Products Limited(CSAP)	43.53 ▲ 3.04 (7.51%)
IBL HealthCare / Nov 30 IBL HealthCare Limited(IBLHL)	39.95 ▲ 2.79 (7.51%)
Atlas Honda Ltd / Nov 30 Atlas Honda Limited(ATLH)	373.27 ▲ 26.04 (7.50%)
MithchellsFruit / Nov 30 Mitchells Fruit Farms Limited(MFFL)	245.32 ▲ 17.12 (7.50%)

Stock	Price
Nazir Cotton Mills / Nov 30 Nazir Cotton Mills Limited(NCML)	3.07 ▼ -0.83 (-21.28%)
Trust Mod. / Nov 30 Trust Modaraba(TRSM)	1.43 ▼ -0.17 (-10.63%)
Dar-es-Salaam / Nov 30 Dar-es-Salaam Textile Mills Limited(DSML)	8.30 ▼ -0.95 (-10.27%)
Trust Sec.& Brok. / Nov 30 Trust Securities & Brokerage Limited(TSBL)	9.06 ▼ -0.94 (-9.40%)
Jahangir Sidd(Pref) / Nov 30 Jahangir Sidd(Pref)(JSCLPSA)	8.51 ▼ -0.74 (-8.00%)
Ideal Sp. / Nov 30 Ideal Spinning Mills Limited(IDSM)	14.66 ▼ -1.19 (-7.51%)
AKD Hospitality / Nov 30 AKD Hospitality Limited(AKDHL)	159.28 ▼ -12.91 (-7.50%)
Blessed Tex. / Nov 30 Blessed Textiles Limited(BTL)	317.28 ▼ -25.72 (-7.50%)
Universal Network (GEM) / Nov 30 Universal Network Systems Limited (GEM)(GEMUNSL)	32.99 ▼ -2.67 (-7.49%)
Metro Steel / Nov 30 Metropolitan Steel Corporation Limited(MSCL)	21.37 ▼ -1.73 (-7.49%)

Stock	Volume
B.O.Punjab / Nov 30 The Bank of Punjab(BOP)	50,052,966 ▼ -0.21
Cnergyico PK / Nov 30 Cnergyico PK Limited(CNERGY)	35,689,157 ▼ -0.07
Pak Refinery / Nov 30 Pakistan Refinery Limited(PRL)	35,409,231 ▼ -0.13
Fauji Fert Bin / Nov 30 Fauji Fertilizer Bin Qasim Limited(FFBL)	32,650,500 ▲ 1.67
WorldCall Telecom / Nov 30 Worldcall Telecom Limited(WTL)	30,751,189 ▼ -0.01
Fauji Foods Ltd / Nov 30 Fauji Foods Limited(FFL)	30,039,307 ▲ 0.58
Kohinoor Spining / Nov 30 Kohinoor Spinning Mills Limited(KOSM)	23,573,500 ▼ -0.20
The Searle Co. / Nov 30 The Searle Company Limited(SEARL)	21,694,598 ▼ -0.38
Dewan Cement / Nov 30 Dewan Cement Limited(DCL)	21,032,000 ▲ 0.07
Fauji Cement / Nov 30 Fauji Cement Company Limited(FCCL)	15,482,500 ▲ 0.67

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 30	285.78
USD PKR Interbank Buying / Nov 30	285.23
USD to Japanese Yen / Nov 30	147.02
USD to Swiss Franc / Nov 30	0.87
Pound Sterling to USD / Nov 30	1.27
Euro to USD / Nov 30	1.10
UK LIBOR % / Nov 29	5.46

Stock	Volume
S&P 500 / Nov 29	4550.58
Nasdaq / Nov 29	14258.49
Dow Jones / Nov 29	35430.42
India Sensex / Nov 30	66809.11
Tokyo Nikkei / Nov 30	33486.89
Hang Seng / Nov 30	17042.88
FTSE 100 / Nov 30	7437.50
Germany DAX 30 / Nov 30	16203.24
France CAC40 / Nov 30	7279.08

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 29	17735
Gold 10 Grams PKR / Nov 29	185614
Crude Oil USD/Barrel / Nov 30	78.06
Gold Spot USD/Ounce / Nov 30	2044.28
Cotton US¢/pound / Nov 30	79.69

Avari Hotels, Avari family target of alleged blackmail & vilification campaign

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