Business News of Wednesday, 3 March 2010

Source: GNA

GSE Data now available on Bloomberg

Accra, March 3, GNA - Real-time market data feed from the Ghana Stock Exchange (GSE) is now available to investors across the globe via the BLOOMBERG PROFESSIONAL service, according to a statement from the Ghana Stock Exchange.

With this development, Bloomberg users can access GSE real-time trade reports, quotes and index pricing. Bloomberg is the first vendor to carry GSE data.

"This new development is in line with the GSEs vision of reaching out to investors globally and ensuring that timely and efficient trade information is available at all times," said Mr. Kofi Yamoah, Managing Director of the Ghana Stock Exchange.

"It is our belief that the relationship with Bloomberg will enhance the attractiveness of our market to both local and international investors and position the GSE as the preferred investment destination in Sub-Saharan Africa," he added.

"Bloomberg is the first vendor to offer the global distribution of real time exchange data from Ghana. This addition recognises the increasing investor appetite for investments into Africa.

"Bloomberg users now have access to live prices for all the exchanges in West Africa. It reinforces our commitment to be the leading source for real-time prices for emerging markets," said Gerard Francis, Bloomberg's Head of Global Emerging Markets.