Guyana Stock Exchange
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The Guyana Stock Exchange (GSE) is a
stock exchange A stock exchange, securities exchange, or bourse is an exchange where stockbrokers and traders can buy and sell securities, such as shares of stock, bonds and other financial instruments. Stock exchanges may also provide facilities for th ...
located in
Georgetown, Guyana Georgetown is the capital (political), capital and largest city of Guyana. It is situated in Demerara-Mahaica, region 4, on the Atlantic Ocean coast, at the mouth of the Demerara River. It is nicknamed the "Garden City of the Caribbean." It is t ...
. 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 An order book is the list of orders (manual or electronic) that a trading venue (in particular stock exchanges) uses to record the interest of buyers and sellers in a particular financial instrument. A matching engine uses the book to determine ...
. 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 Trinidad and Tobago (, ), officially the Republic of Trinidad and Tobago, is the southernmost island country in the Caribbean. Consisting of the main islands Trinidad and Tobago, and numerous much smaller islands, it is situated south of ...
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 Agribusiness is the industry, enterprises, and the field of study of value chains in agriculture and in the bio-economy, in which case it is also called bio-business or bio-enterprise. The primary goal of agribusiness is to maximize profit w ...
IPO were announced, but have stalled due to the COVID pandemic. The Lucas Stock Index is published weekly by Stabroek News, and is composed of nine major stocks on the exchange. In 2019, The Guyana Stock Exchange penned a memorandum of cooperation with the
Barbados Stock Exchange The Barbados Stock Exchange or BSE is Barbados' main stock exchange. Its headquarters are in the capital-city Bridgetown. The body was established in 1987 by the Parliament of Barbados as the Securities Exchange of Barbados (SEB), and remained k ...
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.


See also

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Guyana Guyana ( or ), officially the Cooperative Republic of Guyana, is a country on the northern mainland of South America. Guyana is an indigenous word which means "Land of Many Waters". The capital city is Georgetown. Guyana is bordered by the ...
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List of stock exchanges This is a list of major stock exchanges. Those futures exchanges that also offer trading in securities besides trading in futures contracts are listed both here and in the list of futures exchanges. There are sixteen stock exchanges in the world ...
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List of stock exchanges in the Americas This is a list of active stock exchanges in the Americas. Stock exchanges in Latin America (where Spanish and Portuguese prevail) use the term ''Bolsa de Valores'', meaning "bag" or "purse" of "values". (compare Börse in German or bourse in ...
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List of stock exchanges in the Commonwealth of Nations This is a list of active stock exchanges in the Commonwealth of Nations (Full Members). The Commonwealth of Nations features member-states located on all major continents and represents almost one-third of the Earth's population. Some states ha ...


References


External links


Guyana Stock Exchange
{{Stock exchanges top 25 Economy of Guyana Stock exchanges in the Caribbean Stock exchanges in South America Companies of Guyana