The Guyana Stock Exchange (GSE) is a stock exchange located in Georgetown, Guyana. It lists 15 registered companies, and trading takes place each Monday via word of mouth on the trading floor supported by an electronic limit order book. The Guyana Stock Exchange is operated by the Guyana Association of Securities Companies and Intermediaries Inc. (GASCI) and is regulated by the Guyana Securities Council. Market capitalisation of local stocks in November 2021 stood at 568,639,217,573 GYD (US$2.72 billion).

The first trades took place June 30, 2003 with 12 companies on the register. In 2007, Trinidad Cement Ltd of Trinidad and Tobago was the first company to officially list in the GSE, as well as to be the first non-Guyanese company to register with the exchange although they have since delisted. In 2019, plans for the first agribusiness IPO were announced, but have stalled due to the COVID pandemic.

Guyana Stock Exchange

The Lucas Stock Index is published weekly by Stabroek News, and is composed of nine major stocks on the exchange.

Guyana Stock Exchange

In 2019, The Guyana Stock Exchange penned a memorandum of cooperation with the Barbados Stock Exchange to facilitate cross-listing between the two countries. The agreement also prompted discussion about moving to an electronic payment system and reforming the 1998 Securities Industry Act to improve supervision and reduce risk.

Guyana Stock Exchange

See also

Guyana

List of stock exchanges

List of stock exchanges in the Americas

List of stock exchanges in the Commonwealth of Nations

References

External links

Guyana Stock Exchange

Economy of Guyana

Stock exchanges in the Caribbean

Stock exchanges in South America

Companies of Guyana