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Trading continues uninterrupted - Ghana Stock Exchange

Tue, 31 Mar 2020 Source: Class FM

The Ghana Stock Exchange has said that trading on the Ghana Stock Exchange will continue uninterrupted despite the partial lockdown of the Greater Accra region.

This is because the Exchange operates its market on an Automated Trading System (ATS) which brokers trade on via the internet and a Wide Area Network (WAN).

However, its offices will be physically closed during the period of the restriction on movement.

In a statement, the GSE reiterated and assured all investors that it will be fully operational considering all directives that has currently been issued by the Government.

“The Exchange also has a Disaster Recovery Site (DRS) which allows seamless business continuity when the need arises. Consequently, investors will be able to have their orders executed by their brokers via the Licensed Dealing Members (LDMs). The Staff of the Exchange will also be working from home to ensure that all activities of the Exchange falls in line as expected.”

The GSE said it continues to closely monitor the national situation of this pandemic and will respond accordingly.

“We encourage the general public to adhere to the guidelines on precautionary measures provided by the Ghana Health Service.”

The GSE has lost 4.36% of its value since the beginning of the year.

Market capitalization of the 39 listed companies stands at GHS55.9 billion.

Source: Class FM

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