Ghana Stock Exchange listed companies 2022: sector, date listed, and share price

Ghana Stock Exchange listed companies 2022: sector, date listed, and share price

Ghana Stock Exchange is the country's principal stock exchange. Equities and corporate bonds with different securities are available on the platform. In addition, registered companies in the country allow citizens to invest in them by offering their shares for sale on the Ghana Stock Exchange.

Ghana Stock Exchange listed companies
Screen with a graph. Photo:, @alphatradezone
Source: UGC

The stock exchange in Ghana plays host to a blend of corporations, including banks, educational institutions, and multinationals. While non-resident investors can deal in securities listed on the exchange without getting exchange control permission, they still have some restrictions.

Ghana Stock Exchange listed companies

Details of the listed registered companies in Ghana, their financial statements, stated capital, and issued and authorised shares are discussed below:

1. AngloGold Ashanti Limited (AGA)

  • Date listed: 27 April 2004
  • Share price: GHC 37
  • Sector: Basic materials

AngloGold is ranked the third-largest gold company in the world. This company owns over 17 gold mines in nine gold-producing countries of the world. In 2015, the company generated more than $4 billion, having used $857 million as the capital expenditure that year, producing 3.95 million.

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2. AngloGold Ashanti Depository Shares

  • Date listed: 27 April 2004
  • Share price: GHC 0.41
  • Sector: Basic materials

These shares are sold under the name of AngloGold Ashanti Limited.

3. Access Bank Ghana Plc (ACCESS)

  • Date listed: 21 December 2016
  • Share price: GHC 2.29
  • Sector: Financials

Access Bank Ghana is renowned in Ghana as one of the most successful banks in the country. It was introduced in the country in 2009. The bank is famous among Ghanaians because it has several branches and remains one of the banks associated with economic development.

Access Bank has a stated capital of about GHC 400milliion and has issued more than GHC 118 million shares.

4. Aluworks Limited (ALW)

  • Date listed: 29 November 1996
  • Share price: GHC 0.10
  • Sector: Engineering

Aluworks Limited is a company based in Tema; it was incorporated in 1978. The company's principal products include aluminium sheets-in-coil, slit coils and flat sheets, aluminium discs, and louvre blades.

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The company was listed on the Ghana stock market in 1996 and has issued over 236 million ordinary shares and an authorised share of more than 1 billion ordinary shares.

5. Benso Oil Palm Plantation Ltd (BOPP)

companies selling shares in ghana
Multiple graphs on a laptop screen. Photo:, @alesiakozik
Source: UGC
  • Date listed: 16 April 2004
  • Share price: GHC 6.00
  • Sector: Agricultural

This Ghanaian palm oil company has palm oil plantations and was listed on the Ghana Stock Exchange in 2004. Based at Takoradi in the Adum Banso Estate, the company operates as a production and processing company. It has 34.80 issued shares and 50 million authorised shares.

6. CAL Bank Limited (CAL)

  • Date listed: 5 November 2004
  • Share price: GHC 0.80
  • Sector: Banking

CAL bank started its operations in 1990. It is known for its exceptional banking services in Ghana. They received a Universal Banking License in 2004.

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Besides, the bank services SMEs, public sector institutions and several notable large corporations with branches across the country. It has 548.26 issued shares and over 1 billion authorised shares.

7. Camelot Ghana Ltd (CMLT)

  • Date listed: 17 September 1999
  • Share price: GHC 0.11
  • Sector: Paper & Packaging

Camelot Ghana Ltd is a multinational company that serves Ghana and the rest of the West African Market. It is a printing company that deals with printing stationery, including computer stationery, security stationery and business printing services. The company has issued shares standing at 6.83 and authorised shares standing at over 20 million.

8. Clydestone Ghana Limited (CLYD)

  • Date listed: 19 May 2004
  • Share price: GHC 0.03
  • Sector: Technology

Clydestone Ghana Limited was the first information technology in Ghana. It is the parent company of the Gladstone Group of Companies. It has issued shares standing at 34.0 and over 100 million authorised shares.

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9. Cocoa Processing Company Limited (CPC)

  • Date listed: 14 February 2003
  • Share price: GHC 0.02
  • Sector: Food

The Cocoa Processing Company Limited combines three factories, including two cocoa factories and one factory that deals with candy and other sweets.

The company is a limited liability company that dates back to 1965. The corporation uses its semi-finished products in the cocoa processing companies in their confectionery company to help them make chocolate and some cocoa-based foods. The company has 2,038.07 issued shares with more than 20 billion authorised shares.

10. Ecobank Ghana Ltd (EBG)

how to buy shares in ghana
Charts n a monitor. Photo:, @alphatradezone
Source: UGC
  • Date listed: July 2006
  • Share price: GHC 7.60
  • Sector: Banking

Ecobank Ghana Limited is a subsidiary of the greater Pan-African bank chains. The bank is a major player in the Ghanaian market, with branches in almost all the Ghanaian regions. The bank has been in existence since 1990 before wholly acquiring The Trust Bank (TTB) in 2011.

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The has 293.23 issued shares with over 500 million authorised shares. Its capital was estimated at GHC 226.64 million.

11. Ecobank Transnational Incorporation (ETI)

  • Date listed: 11 September 2006
  • Shared price: GHC 0.18
  • Sector: Banking

Ecobank Transnational Incorporation was established in 1985 through the Economic Community of West African States (ECOWAS).

The company had an authorised capital of $100 million and an initial capital of $322 million. The company was listed on the Ghana Stock Exchange in 2006. Besides, it has a stated capital of $867,714,000 and 24067.75 issued shares with over 800 million authorised shares.

12. Enterprise Group Limited (EGL)

  • Date listed: 21 February 1992
  • Share price: GHC 3.30
  • Sector: Insurance

Enterprise Group Limited is a holding company in the Enterprise insurance industry. It was incorporated in 2008, but the parent company can trace its roots back to 1924.

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More so, it was the first insurance company to be listed in the GES and has an annual income of more than GHC130 million. It has a stated capital of GHS258,886,100.00 and issued shares amounting to 170,892,825.000, with its authorised shares standing at over 200 million.

13. Fan Milk Limited (FML)

  • Date listed: 18 October 1991
  • Share price: GHC 3.00
  • Sector: Food

Fan Milk Limited is a dairy products company listed on the Ghana Stock Exchange in 1991. It is based in Accra and has recently expanded to other West African countries. It started in 1960 as the Ghanaian Milk Company but has since rebranded to Fan Milk Limited.

It rebranded and then expanded its activities by making ice creams, ice lollies, and yoghurt. So far, the company has more than 116.21 issued shares and over 200 million authorised shares.

14. Ghana Commercial Bank Ltd (GCB)

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  • Date listed: 17 May 1996
  • Share price: GHC 5.06
  • Sector: Banking

GCB Bank is the second-largest bank in Ghana by net profits and assets. It is, however, the largest of the banks that originally started in Ghana. It has a total of 157 branches spread all across the country.

The bank has a stated capital of GHC 72 million and has 265.00 issued shares and more than one billion authorised shares.

15. Ghana Oil Company Limited (GOIL)

ghana stock exchange prices
Trading graph. Photo:, @maxbond
Source: UGC
  • Date listed: 16 November 2007
  • Share price: GHC 1.82
  • Sector: Energy

Ghana Oil is a private limited liability company incorporated in 1960 as AGIP Ghana Company Limited before it rebranded to its new identity.

The company deals with the marketing of petroleum products and those related to petrol, including fuels, LPG, bitumen, lubricants and speciality products in Ghana. It has 391.86 issued shares and more than one billion authorised shares so far.

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16. Golden Star Resources Ltd (GSR)

  • Date listed: 15 February 2008
  • Share price: GHC 9.5
  • Sector: Mining

This Canadian company deals with mining and, in particular, gold mining. It operates two mines in Ghana, with four million ounces of gold produced throughout its history. However, it started its operations in the country in 1999.

In 2017, the firm embarked on development programs aimed at increasing production while reducing operational costs. The firm so far has 259.70 issued shares and unlimited authorised shares.

17. Guinness Ghana Breweries Ltd (GGBL)

  • Date listed: 23 August 1991
  • Share price: GHC 2.25
  • Sector: Beverages

This is the leading beverage company in Ghana with various beverages under its belt, including both alcoholic and non-alcoholic beverages.

In addition, the company supplies Ghanaians with luxurious and highly regarded world brands, including Johnnie Walker, Baileys and Smirnoff. It has issued shares totalling of 100 with over 272 million stated capital.

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18. Hords Ltd (HORDS)

  • Date listed: 11 August 2015
  • Share price: GHC 0.10
  • Sector: Agri-Industrial

Hords Limited is a value addition corporation that mainly adds value to agricultural products, including cocoa and soya, among other food and non-food products. The company has 114.95 issued shares.

19. Intravenous Infusions Limited (IIL)

  • Date listed: 15 December 2015
  • Share price: GHC 0.04
  • Sector: Pharmaceuticals

This company was incorporated in 1969 and started operating in 1974. It was the first-ever pharmaceutical company to manufacture intravenous fluids in Ghana.

20. Mega African Capital Limited (MAC)

  • Date listed: 23 April 2014
  • Share price: GHC 5.39
  • Sector: Financial

Mega African Capital Limited mainly deals with investments. It targets investors who wish to invest in Africa and provides long-term capital growth through investments in African securities. The company has 9.95 issued shares.

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21. Meridian-Marshalls Holdings (MMH)

  • Date listed: 16 January 2014
  • Share price: GHC 0.11
  • Sector: Support service

The Meridian-Marshals Holdings deals in education with three institutions, namely Meridian pre-university, Marshals, and High Point Academy. It is the first education-based company to be listed in the GES.

22. MTN Ghana

  • Date listed: 5 September 2018
  • Share price: GHC 0.90
  • Sector: Technology

MTN is one of the most popular telecommunication companies in Ghana. It renders data, voice and digital services to its consumers and currently has stated capital of GHS1,363,000 and 100 billion authorised shares.

23. Republic Bank

  • Date listed: 17 March 1995
  • Share price: GHC 0.60
  • Sector: Banking

This bank was formerly known as HFC Bank (Ghana) Limited. The original company was established in 1990 as part of the Merchant Bank (Ghana). Its banking services include commercial banking, wealth management services and investment banking.

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24. Sam Woode Ltd (SWL)

shares in ghana
Black screen with graph. Photo:, @alesiakozik
Source: UGC
  • Date listed: 24 April 2002
  • Share price: GHC 0.05
  • Sector: Printing & Publishing

Sam Woode Ltd deals with publishing and printing of all kinds. The company has GHC 220,990 stated capital, 21.83 issued shares and 100 million authorized shares.

25. Samba Foods Limited (SAMBA)

  • Date listed: 7 May 2015
  • Share price: GHC 0.55
  • Sector: Food

Samba Foods Limited is typically involved in the food business. It is located in Tema, Accra, Ghana and deals with the preservation and processing of foods.

26. SIC Insurance Limited (SIC)

  • Date listed: 25 January 2008
  • Share price: GHC 0.30
  • Sector: Insurance

SIC Insurance Limited is a non-life insurance firm in Ghana formed in 1955. It was listed on the Ghana Stock Exchange in 2008 and has issued a capital of 195.65 and more than 500 million authorised shares.

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27. Societe Generale Ghana Limited (SOGEGH)

  • Date listed: 13 October 1995
  • Share price: GHC 1.19
  • Sector: Financial

Societe Generale Ghana Limited is a bank based in Ghana and formed in 1975. Its stated capital is GHC 62,393,557.80 and has 429.06 issued shares with over 500 million authorised shares.

28. Standard Chartered Bank (SCB)

  • Date listed: 23 August 1991
  • Share price: GHC 18.6
  • Sector: Financial

Standard Chartered bank is one of the banks that have operated in Ghana for the longest time. It has operated for more than 100 years and has one of the highest stock prices of the companies listed.

29. Total Petroleum Ghana Ltd (TOTAL)

  • Date listed: 19 July 1991
  • Share price: GHC 4.10
  • Sector: Energy

This is the Ghanaian branch of the Total global group. It has operated in Ghana for more than five decades and was listed on the stock exchange in 1991. The company has more than 111 million authorised shares.

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30. Trust Bank (The Gambia)

  • Date listed: 15 November 2002
  • Share price: GHC 0.40
  • Sector: Banking

The parent of this company is located in the Gambia. It was founded in 1997 to provide banking services to international and local individuals. The company's shares became listed on the Ghana Stock Exchange in 2002.

31. Tullow Oil Plc

  • Date listed: 27 July 2011
  • Share price: GHC 11.92
  • Sector: Energy

This is an independent company that deals with oil and gas exploration and production. It has branches in Ghana, Kenya, and Uganda.

32. Unilever Ghana Limited

  • Date listed: 12 November 1991
  • Share price: GHC 5.89
  • Sector: Industrial holdings

This company merged with Lever Brothers Limited and UAC Ghana Limited in 1992. It is the biggest producer of consumer goods spanning food, home and personal care products in Ghana.

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Ghana Stock Exchange listing requirements

ghana stock market
Stock exchange board. Photo:, @pixabay
Source: UGC

Below are the requirements needed from a company before it is listed on the Ghana Stock Exchange.

  • Shareholders have to meet and agree (move a resolution) to change from a private corporation to a public one restricted by shares.
  • With the help of outside solicitors or in-house attorneys, the corporation prepares fresh company guidelines that conform to that of the company and likewise meet the necessities required for listing on the Ghana Stock Exchange.
  • The company's board will also need to appoint a group of advisors to guide the organisation in its bid to come up with an offer document. The team will comprise brokers, lawyers, reporting accountants, and fiscal valuation advisors.
  • The reports presented by the advisors are supposed to be discussed. However, the shareholders will determine key decisions such as the price each share is to go for and the number of shares to sell.
  • An application to list on the Ghana Stock Exchange shall be submitted together with the draft for the public offer prospectus to the Securities & Exchange Commission (SEC) for approval.
  • Once the regulatory approvals in step five are obtained, a date is about to launch the public offer.
  • The allotment is completed at the end of a successful offer, and applicants are advised.
  • The corporation then concurs on a date for the commencement of trading its shares on the GSE.

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Which companies are selling shares in Ghana 2022?

Here is a list of all the listed companies selling shares in Ghana and their share prices in Ghana Cedis.

CompanyPrice ValueVolumeYTD %Sector
AngloGold Ashanti Limited (AGA)37000Mining
AngloGold Ashanti Depository Shares0.41000Mining
Access Bank Ghana Plc2.2900-27.30 Banking
Aluworks Limited0.10000Engineering
Benso Oil Palm Plantation Ltd6.003.600600-9.77Agricultural
CAL Bank Limited0.802,9983,747 -8.05Banking
Camelot Ghana Ltd0.11000Paper & Banking
Clydestone Ghana Limited0.03000Technology
Cocoa Processing Company Limited0.020283Food
Ecobank Ghana Ltd7.601520Banking
Ecobank Transnational Incorporation0.18138769+28.57Banking
Enterprise Group Limited3.3000+18.28Insurance
Fan Milk Limited3.0000-25.00Food
Ghana Commercial Bank Ltd5.0600-3.44Banking
Ghana Oil Company Limited1.82420Energy
Golden Star Resources Ltd9.5000Mining
Guinness Ghana Breweries Ltd2.2515870+25.00Beverages
Hords Ltd0.10000Agri-Industry
Intravenous Infusions Limited0.04000Pharmaceuticals
Mega African Capital Limited5.39000Financial
Meridian-Marshalls Holdings0.11000Support service
MTN Ghana0.9013,39814,887-18.92Technology
Republic Bank 0.6016270Banking
Sam Woode Ltd0.0500+25.00Printing & Publishing
Samba Foods Limited0.55000Food
SIC Insurance Limited0.309,10930,364+275.00Insurance
Societe Generale Ghana Limited1.1900-0.83Financial
Standard Chartered Bank18.6000Financial
Total Petroleum Ghana Ltd4.1018,860 4,600-18.33Energy

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Below is a table of the listed companies ad their Ghana Stock Exchange prices.

CompanyPriceValueVolumeYTD %Sector
Trust Bank 0.4000+17.65Banking
Tullow Oil Plc 11.92000Energy
Unilever Ghana Limited5.89000Industrial holding

How many companies are listed on the Ghana Stock Exchange?

There are more than 30 companies that are listed in the Ghana Stock Exchange market.

How do I buy shares in Ghana?

Below are simple steps on how to buy shares in Ghana.

  • Choose a dealer.
  • Establish a trading account with the dealer.
  • Choose the asset in which to put your money.
  • Send a buy order to the dealer after you've made your selection.
  • If the buy and sell prices are equal, the transaction is complete.
  • The dealer is the one who sends out the transaction notification and collects the fees.

Who owns the Ghana Stock Exchange?

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As a public company limited by guarantee, the Ghana Stock Exchange has no owners or shareholders, but members are either corporations or people.

Some of the listed Ghana Stock Exchange listed companies are doing reasonably well. However, you should make sure to do further personal research if you are interested in buying shares in any of the above-listed companies.

DISCLAIMER: This article is intended for general informational purposes only and does not address individual circumstances. It is not a substitute for professional advice or help and should not be relied on to make decisions of any kind. Any action you take upon the information presented in this article is strictly at your own risk and responsibility!

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