- GCB Drives GH¢24.66 Million GSE Turnover as IIL Leads Trading Volume
GCB Bank dominated trading on the Ghana Stock Exchange on Thursday, accounting for more than 70.00% of market turnover, while Intravenous Infusions PLC emerged as the most actively traded security by volume.
A total of 4,648,735 shares valued at GH¢24.66 million changed hands during the July 30, 2026 trading session, as selective gains in MTN Ghana, Clydestone, Kasapreko and HORDS supported the broader market despite losses in several financial and commodity-linked counters.
GCB recorded 410,047 shares valued at GH¢17.71 million, representing 71.84% of the total value traded.
The bank closed unchanged at GH¢43.20, with a closing bid of GH¢43.19 and an offer price of GH¢43.20. The size of the transaction indicates that the session’s headline turnover was driven primarily by institutional activity in GCB rather than broad participation across the market.
Intravenous Infusions led trading volume after 3,212,285 shares changed hands for GH¢3.01 million.
The stock accounted for 69.10% of total market volume and 12.19% of turnover, closing unchanged at GH¢0.86. Its large volume suggests continued investor interest in the Ghana Alternative Market-listed pharmaceutical manufacturer, although the absence of a price movement indicates that supply was sufficient to absorb demand at the prevailing level.
MTN Ghana followed GCB and IIL in value traded, recording 336,154 shares worth GH¢2.40 million.
The telecommunications company gained GH¢0.09, or 1.27%, to close at GH¢7.15, establishing a new 2026 high. The advance provided significant support to the GSE Composite Index because of MTN Ghana’s substantial weight in the broader market.
The GSE Composite Index rose by 72.12 points, lifting its year-to-date return to 76.20%.
However, the GSE Financial Stocks Index declined by 25.88 points as losses in CalBank, SIC Insurance and Societe Generale Ghana outweighed the gains and unchanged performance of other financial stocks. The index’s year-to-date return eased to 77.42%.
HORDS recorded the session’s strongest percentage gain, increasing by GH¢0.03, or 9.09%, to close at a new yearly high of GH¢0.36.
Only 2,000 shares valued at GH¢720.00 were traded, meaning the percentage movement occurred on limited turnover.
Clydestone extended its recent gains, rising by GH¢0.09, or 1.93%, from GH¢4.66 to a new year high of GH¢4.75.
The company recorded 1,200 shares valued at GH¢5,700.00. The upward movement came amid continued market attention following its legal proceedings against MTN Ghana, MTN Group Limited and MobileMoney Fintech Limited over alleged intellectual property claims connected to mobile money.
Those allegations remain before the High Court and have been rejected by MTN Ghana as without merit.
Kasapreko also gained GH¢0.01, or 0.50%, to close at GH¢2.01 after 362,420 shares worth GH¢729,082.62 changed hands.
The movement followed the release of the beverage manufacturer’s first-half financial results, which showed profit after tax rising by 23.29% to GH¢185.83 million.
Atlantic Lithium led the decliners, falling by GH¢0.50, or 7.14%, to close at GH¢6.50. The company traded 5,612 shares valued at GH¢36,526.00.
CalBank declined by GH¢0.03, or 3.75%, to GH¢0.77, with 221,179 shares valued at GH¢170,233.16 changing hands.
Societe Generale Ghana fell by GH¢0.16, or 2.30%, to GH¢6.80, while SIC Insurance lost GH¢0.06, or 1.03%, to close at GH¢5.74.
TotalEnergies Marketing Ghana declined by GH¢0.12, or 0.30%, to GH¢40.00.
Other notable trades included Enterprise Group, which recorded GH¢77,980.68 in turnover; ETI, with GH¢84,813.30; and Republic Bank Ghana, with GH¢50,975.40. All three closed unchanged.
Trading activity moderated sharply from the previous session, when the market recorded 18,390,399 shares valued at GH¢121.57 million.
Thursday’s volume was 74.72% lower, while turnover declined by 79.71%, reflecting the absence of the large MTN Ghana transaction that had driven the previous day’s activity.
The market’s positive close therefore masked a mixed underlying performance.
GCB provided the bulk of traded value, IIL dominated volume and MTN Ghana supported the Composite Index, while declines across selected banks and insurers pushed the Financial Stocks Index lower.
