Ghana Stock Exchange (GSE) Live
|GSE-CI Index||Year-to-Date||Market Cap.|
|2,560.49 (+84.90)||-228.85 (8.2%)||GHS 64.8Bn|
The Ghana Stock Exchange (GSE) is the principal stock exchange of the country located in the capital Accra. Through its automated trading system, the GSE opens for continuous trading every working day from 10:00 to 15:00 GMT. Settlement of trades, handled by Bank of Ghana's Central Securities Depositary, is done on a T+3 basis (business days). Backed by the SEC, the regulatory body for the securities market in the country, the GSE has various investor protection provisions such as rules against insider trading as well as a fidelity fund to compensate investors for losses incurred as a result of malpractice by a licensed dealing member of the bourse.
In January 2011, the GSE began publishing two indices, namely, the GSE Composite Index (GSE-CI) and the GSE Financial Stocks Index (GSE-FSI). The GSE-CI is a market capitalization weighted index comprising all listed ordinary shares with the exception of those of listed companies that have shares listed on other markets. Calculation of the index is based on the volume-weighted average closing price of the constituent stocks. The GSE-FSI is exactly like the GSE-CI but has as its constituents stocks from the financials sector, including those in the banking and insurance industries. The GSE-CI is regarded as the benchmark index of the Ghana stock market.
The GSE has two categories of listing, namely, the main board and the Ghana Alternative Market (GAX). The GAX, operated as a parallel market since 2015, is aimed at small and medium-sized enterprises with strong growth potential. The table below presents equities from both categories. Currently, the types of stocks listed on the GSE are common stocks (ordinary shares), preferred stocks (preference shares), and exchange traded funds.
- Showing 1 - 39 of 39 listings
GSE TRADING SUMMARY FOR FRIDAY, AUGUST 12, 2022: At the end of the last weekday of trading on the Ghana Stock Exchange (GSE), a total of 465,063 shares, corresponding to a market value of GHS 946,250.78, were traded. Compared with the previous GSE trading day (Thursday, August 11), today's data shows 277% improvement in volume and 803% improvement in turnover. The current market capitalization of the Ghana Stock Exchange is GHS 64.8 billion.
In the aggregate, eight GSE listed equities participated in trading, ending with two gainers and just one loser. The two gainers were MTN Ghana (+7.95%) and Societe Generale Ghana (+4.17%). The only equity that lost value on the day was GCB Bank (-0.2%). Societe Generale Ghana recorded the highest volume of 330,054 traded shares, followed by GCB Bank (120,700), MTN Ghana (13,565) and CAL Bank (671).
Regarding the performance of GSE market indices, the benchmark GSE Composite Index (GSE-CI) soared 84.90 (3.43%) points to close at 2,560.49, representing a 1-week gain of 6.84%, a 4-week gain of 3.91%, but an overall year-to-date loss of 8.2%. The GSE Financial Stocks Index (GSE-FSI) also increased by 0.21% to reach 2,085.40 points, making it a 1-week loss of 0.36%, a 4-week loss of 3.59%, and a year-to-date loss of 3.09%.