How to invest on the Ghana Stock Exchange (GSE) ?

Learn about the GSE and how to make profit on this market

Introducing the Ghana stock Exchange

Invest-on-GSE

The Ghana Stock Exchange (GSE) is the national stock market for Ghana along with two other markets:

  • The Ghana Fixed Income Market (GFIM) is the  secondary market for fixed income securities and other securities to be determined from time to time – i.e. Government or Corporate bonds
  • The Ghana Alternative Market (GAM) is a stock market specifying on growth. The market is dedicated to businesses in needed of capital at various stage of their development including startups on well-established companies.

GSE: Main facts

icon-user-professional

Governance

  • Public company ltd, launched in 1991
  • 9 members on Board
  • Regulatory : SEC (Ghana)

Capitalization (GHS)

  • Market: 64 Bn
  • Domestic: 29 Bn
  • # of issued shares : 46.7m

Market breakdown

  • 36 listed companies
      • 29 on main market
      • 6 listed on GAX

Companies listed on GSE by industries

  • Access Bank Ghana Plc
  • Agricultural Development Bank
  • CalBank PLC
  • Ecobank Ghana Ltd
  • Ecobank Transnational Incorporation
  • Ghana Commercial Bank Limited

  • Mega African Capital Limited
  • Republic Bank (Ghana) PLC
  • Standard Chartered Bank Ghana Ltd
  • Societe Generale Ghana Ltd
  • Trust Bank Limited (THE GAMBIA)

  • Ghana Oil Company Ltd
  • Produce Buying Company Ltd
  • Total Petroleum Ghana Plc

  • Cocoa Processing Company
  • Fan Milk Ltd
  • Guinness Ghana Breweries Plc
  • Hords Ltd
  • Samba Foods Ltd

  • Clydestone (Ghana)
  • MTN Ghana

  • Enterprise Group Plc
  • SIC Insurance Company Ltd

  • Aluworks Ltd
  • Camelot Ghana Ltd
  • Dannex Ayrton Starwin Plc
  • Sam Wood Ltd
  • Unilever Ghana Plc

  • AngloGold Ashanti Ltd
  • AngloGold Ashanti Deposited shares
  • Tullow Oil Plc

  • Benso Oil Palm Plantation Ltd

  • NewGold Issuer Limited

  • Digicut Advertising and Production Ltd
  • Meridian-Marshalls Holdings

Which account fits you well ?

Standard trading account

With the standard trading account, you will directly manage the account by sending orders to the broker

This option is best for traders with great expertise and good market knowledge.

Starting order account

This option allows the broker to manages the account under the power of attorney given by the client. The broker cannot sell the securities without the consent of the client. Best for trading beginners.

Discretionary account

Finally with the discretionary account broker fully manages your account at the investor’s best interest.

The trader can buy and sell the securities on behalf of the client. 

Who qualifies to invest on the GSE ?

A prospective investor on the Ghana Stock Exchange must open a securities account with a brokerage house prior to trading in securities. The process of opening an account is very simple and starts by making contact with a broker of your choice.

Invest on GSE: where to start ?

A prospective investor on the Ghana Stock Exchange must open a securities account with a brokerage house prior to trading in securities. The process of opening an account is very simple and starts by making contact with a broker of your choice.

How to trade on the GSE ?

Three steps to trade on GSE ?

1. Open a brokerage account

The first step is to create an account with us and submit your documents.

  1. Create an account and submit your documents
  2. The broker will run a verification procedure within 1-2 business days
  3. You receive an opening confirmation
2. Make a deposit

Once you have completed step 1, you can make your deposit using several payment options.

Available payment options are:

  1. Debit and credit cards
  2. Bank transfer and Money transfers
3. Start trading

Trading with us is very easy. You can either construct your own portfolio by picking your winning stocks or open an account with a broker

We will notify you when we receive the trade execution confirmation from the broker

Documents needed to open your account

Official ID

Passport, Voter Card National ID

or a Driver license

Residency

Proof of address

Such as utility bills and Bank details

Residency

Your recent Photo

Prefer the passport format