- GCB Gains 3.92% as Kasapreko Slips After Days of Heavy Trading
Trading activity on the Ghana Stock Exchange slowed sharply on Wednesday, June 24, 2026, as total market turnover fell by nearly half, with Kasapreko PLC easing from its recent high while GCB Bank PLC emerged as the strongest price mover among heavily traded counters.
Official data from trading session 7239 showed that total market volume stood at 3.94 million shares, valued at GHS 16.13 million.
This compared with 10.69 million shares worth GHS 31.58 million recorded in the previous session, representing a 63.14% decline in volume and a 48.94% fall in value traded.
Despite the weaker turnover, market activity remained highly concentrated in three counters: Kasapreko, MTN Ghana and GCB Bank.
Together, the three equities accounted for GHS 14.69 million of total market turnover, representing 91.11% of the day’s value traded.
Kasapreko remained the most actively traded stock by volume and value, although its recent rally cooled. The beverage company traded 2.62 million shares valued at GHS 5.87 million, accounting for 66.50% of total market volume and 36.38% of total value traded.
The stock declined by GHS 0.07 to close at GHS 2.23 from GHS 2.30, representing a 3.04% fall.
The pullback follows strong investor demand in recent sessions, during which Kasapreko became the dominant driver of GSE trading activity and touched a year-high of GHS 2.30.
The latest decline suggests some profit-taking after the stock’s rapid rise, though trading activity in the counter remains strong.
MTN Ghana followed as the second-largest contributor to turnover, trading 810,162 shares valued at GHS 5.27 million. The telecoms stock closed unchanged at GHS 6.50.
MTN Ghana accounted for 32.65% of total market value, reinforcing its position as one of the most liquid and influential counters on the exchange.
GCB Bank placed third by value traded, recording 95,114 shares worth GHS 3.56 million.
The stock gained GHS 1.41 to close at GHS 37.41 from GHS 36.00, representing a 3.92% increase. This made GCB one of the session’s most important gainers and helped offset weakness in other counters.
The gain also suggests renewed investor interest in the banking stock, which has remained one of the market’s key value drivers in recent trading sessions.
Fan Milk also advanced, gaining GHS 0.16 to close at GHS 13.50 from GHS 13.34. This represented a 1.20% increase, with 8,005 shares traded for GHS 107,481.02.
Ecobank Transnational Incorporated gained marginally, rising by GHS 0.01 to close at GHS 2.28. ETI traded 52,122 shares valued at GHS 118,742.68.
On the downside, Ecobank Ghana recorded the steepest value decline among the major movers, falling by GHS 1.35 to close at GHS 33.67 from GHS 35.02. This represented a 3.86% drop. The stock traded 1,469 shares valued at GHS 49,631.10.
Standard Chartered Bank Ghana also declined, losing GHS 0.37 to close at GHS 71.00, while SIC Insurance slipped by GHS 0.04 to close at GHS 6.05.
Société Générale Ghana fell by GHS 0.05 to close at GHS 6.80, while Kasapreko’s GHS 0.07 decline added to the day’s negative price movements.
Several counters closed unchanged, including Access Bank Ghana, ADB, AngloGold Ashanti, Atlantic Lithium, Benso Palm Plantation, CAL Bank, Enterprise Group, Guinness Ghana Breweries, GOIL, Republic Bank Ghana, TotalEnergies Marketing Ghana, Tullow Oil, Unilever Ghana and ZEN Petroleum Holdings Plc.
ZEN Petroleum Holdings Plc traded 587 shares valued at GHS 5,875.87 and closed flat at GHS 10.01.
CAL Bank recorded the second-highest volume among financial stocks, trading 233,593 shares valued at GHS 190,929.64, but closed unchanged at GHS 0.82.
SIC Insurance also recorded notable activity, trading 95,528 shares worth GHS 578,005.24, although the stock closed lower at GHS 6.05.
The ordinary shares segment recorded 3.94 million shares valued at GHS 16.12 million.
The NewGold ETF recorded three units traded, valued at GHS 1,386.00, and closed unchanged at GHS 462.00.
On the Ghana Alternative Market, activity was negligible. Meridian Marshalls Holding Company traded 42 shares valued at GHS 4.62, while Samba Foods, Hords, Intravenous Infusions and Digicut recorded no trades.
The day’s trading pattern points to a market still active in selected counters but lacking broad participation.
Kasapreko continued to dominate volumes, but its price decline showed that investor enthusiasm may be meeting short-term resistance after recent gains. MTN Ghana remained steady and liquid, while GCB Bank provided the strongest positive price signal among the top turnover counters. The broader market, however, showed signs of caution.
Turnover fell sharply from the previous session, and most listed equities recorded little or no activity. This suggests that liquidity remains concentrated in a small group of stocks, leaving the wider market relatively quiet.
For investors, the key signal from Wednesday’s session is that the market remains selective.
Kasapreko still attracts heavy trading interest, but the stock’s pullback shows that recent momentum may not move in a straight line. MTN Ghana continues to provide stability and liquidity, while GCB Bank’s gain points to pockets of renewed interest in banking stocks.
Overall, the market closed with weaker turnover, narrow participation and mixed price movements.
