Ghanaian stocks gained for a ninth day in the longest winning streak since February with African investors looking for bargains while the continent’s worst-performing currency stemmed its loss.
The Ghana Stock Exchange Composite Index (GGSECI) rose 0.3 percent to 2,272.47 by the close in the capital, Accra, the highest since Sept. 24. Six stocks gained and 29 were unchanged, with no decliners. The cedi strengthened 1.2 percent to 3.18 per dollar after Finance Minister Seth Terkper pledged to n [...]
Read the full story at http://www.bloomberg.com/news/2014-11-19/ghana-stocks-rally-ninth-day-as-cedi-pares-africa-s-worst-drop.html
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