Ghana Stock Exchange (GSE) Live
|GSE-CI Index||Year-to-Date||Market Cap.|
|2,240.42 (-17.03)||-16.73 (0.74%)||GHS 56.63Bn|
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 - 40 of 40 listings
GSE TRADING SUMMARY FOR FRIDAY, JANUARY 17, 2020: At the end of the last weekday of trading on the Ghana Stock Exchange (GSE), a total of 1,743,531 shares, corresponding to a market value of GHS 1,231,646.09, were traded. Compared with the previous GSE trading day (Thursday, January 16), today's data shows 990% improvement in volume and 363% improvement in turnover. The current GSE market capitalization is GHS 56.63 billion.
In the aggregate, 11 GSE listed equities participated in trading, ending with only one gainer, namely Enterprise Group, with 0.61% share price appreciation. The two losers on the day were Standard Chartered Bank (-2.17%) and MTN Ghana (-1.43%). MTN Ghana recorded the highest volume of 1.7 million traded shares, followed by Aluworks (15,000), Total Petroleum Ghana (6,400) and Enterprise Group (2,900).
Regarding the performance of GSE market indices, the benchmark GSE Composite Index (GSE-CI) dropped 17.03 (-0.75%) points to close at 2,240.42, representing a 1-week loss of 0.52%, a 4-week gain of 0.08%, but an overall year-to-date loss of 0.74%. The GSE Financial Stocks Index (GSE-FSI) also decreased by 0.47% to 2,007.90 points, making it a 1-week gain of 0.02%, a 4-week gain of 1.97%, and a year-to-date loss of 0.58%.