Ghana Stock Exchange (GSE) Live
|GSE-CI Index||Year-to-Date||Market Cap.|
|2,161.65 (-3.50)||-410.57 (15.96%)||GHS 55.64Bn|
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.
|Bottom Losers (3)||Top Movers (12)|
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 - 41 of 41 listings
GSE TRADING SUMMARY FOR FRIDAY, OCTOBER 18, 2019: At the end of the last weekday of trading on the Ghana Stock Exchange (GSE), a total of 89,611 shares, corresponding to a market value of GHS 65,559.42, were traded. Compared with the previous GSE trading day (Thursday, October 17), today's data shows 129% improvement in volume and 188% improvement in turnover. The current GSE market capitalization is GHS 55.64 billion.
In the aggregate, 12 GSE listed equities participated in trading, ending with disappointingly three losers. Enterprise Group lost the most value on the day with 4.12% share price depreciation, followed by CAL Bank (-3.85%) and GCB Bank (-0.41%). There were no gainers. MTN Ghana recorded the highest volume of 75,934 traded shares, followed by CAL Bank (3,576), Societe Generale Ghana (3,469) and SIC Insurance Company (2,200).
Regarding the performance of GSE market indices, the benchmark GSE Composite Index (GSE-CI) pared 3.5 (-0.16%) points to close at 2,161.65, representing a 1-week loss of 0.57%, a 4-week loss of 2.75%, and an overall year-to-date loss of 15.96%. The GSE Financial Stocks Index (GSE-FSI) also decreased by 0.36% to 1,824.40 points, making it a 1-week loss of 1.15%, a 4-week loss of 4.12%, and a year-to-date loss of 15.29%.