Ghana Stock Exchange (GSE) Live
|GSE-CI Index||Year-to-Date||Market Cap.|
|2,736.03 (+0.00)||+156.31 (6.06%)||GHS 63.04Bn|
The Ghana Stock Exchange (GSE) is the principal stock exchange of the country. 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). The Exchange publishes two indices: the GSE Composite Index (GSE-CI; a market capitalization weighted index of all ordinary shares with the exception of those listed on other markets) and the GSE Financial Stocks Index (GSE-FSI; same as GSE-CI but consists of only stocks from the financial sector). Together with the Securities and Exchange Commission (the regulatory body for the securities market), the GSE have 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.
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 stock listed on the GSE are common stock (ordinary shares), preferred stock (preference shares), and exchange traded funds.
- Showing 1 - 42 of 42 listings
GSE TRADING SUMMARY FOR MONDAY, NOVEMBER 19, 2018: At the end of the first day of trading on the Ghana Stock Exchange, a total of 340,258 shares, corresponding to a market value of GHS 1,522,179.27, were traded. 18 equities participated in trading, ending with three gainers and seven losers. ETI led the gainers with 13.33% share price appreciation, followed by MTNGH (+2.38%) and EGL (+0.77%). On the losing front, FML came out bottom with an end-of-day price depreciation of 9.64%, followed by GGBL (-2.62%), CAL (-2%) and GCB (-1.63%). EGH recorded the highest volume of 69,478 traded shares, followed by MTNGH (57,227), GOIL (51,200) and GGBL (44,500). Regarding the performance of GSE market indices, the benchmark GSE Composite Index (GSE-CI) moved up 14.71 (0.54%) points to close at 2,736.03, representing a 1-week loss of 0.82%, a 4-week loss of 7.32%, but an overall year-to-date gain of 6.06%. The GSE Financial Stocks Index (GSE-FSI) also increased by 0.31% to reach 2,257.69 points, making it a 1-week loss of 1.14%, a 4-week loss of 9.1%, and a year-to-date loss of 2.29%.