Ghana Cedi

Ghana Equity Total Return Index

Ghana

The Ghana Equity Total Return Index (GHETR) is designed to track the overall performance of stocks listed on the Ghana Stock Exchange, considering both capital gains and dividends. By using a modified market capitalization weighting approach, the index aims to represent a diverse range of companies while preventing any single company from dominating the index. The GHETR is regularly updated through a process called rebalancing, which happens quarterly, and a more extensive review called reconstitution, which occurs annually. This ensures that the index remains accurate and relevant by adjusting to changes in the market, such as new stock listings or significant corporate events. This index provides investors with a clear picture of the Ghanaian equity market's performance, making it a valuable tool for both professionals and non-professionals interested in understanding or investing in this market. The index's methodology ensures that it remains a reliable benchmark for measuring market performance while avoiding over-concentration in any single stock.