- GCB Leads Market Activity as Clydestone and ZEN Petroleum Gain
Trading activity on the Ghana Stock Exchange closed at GH¢6.21 million on Tuesday, May 19, 2026, with GCB Bank, MTN Ghana and Ecobank Ghana accounting for a significant share of market turnover.
According to the GSE official list for the 7,214th trading session, total market volume stood at 727,383 shares, valued at GH¢6.21 million. Ordinary shares accounted for 727,352 shares worth GH¢6.19 million, while NewGold ETF recorded 31 units traded at GH¢15,407.
GCB Bank emerged as the most actively traded stock by value, recording 97,497 shares traded for GH¢3.61 million. The bank’s share price rose by GH¢0.99 to close at GH¢36.99, making it one of the session’s strongest gainers.
MTN Ghana followed with 204,986 shares valued at GH¢1.34 million. The telecoms stock gained GH¢0.04 to close at GH¢6.53, after trading as high as GH¢6.70 during the session.
Ecobank Ghana also saw notable activity, with 5,067 shares changing hands for GH¢246,458.88. However, the stock declined by GH¢0.05 to close at GH¢48.64.
Clydestone Ghana continued its recent momentum, gaining GH¢0.02 to close at GH¢1.99, with 24,700 shares traded for GH¢49,302. The stock also recorded a last transaction price of GH¢2.16, above its volume-weighted average closing price.
ZEN Petroleum was another strong performer, rising by GH¢0.45 to close at GH¢8.00 on 1,000 shares traded. The petroleum stock ended the session with a closing bid of GH¢8.02, pointing to continued demand interest.
On the downside, Enterprise Group lost GH¢0.20 to close at GH¢10.00, while SIC Insurance fell by GH¢0.14 to GH¢5.55. Republic Bank declined by GH¢0.11 to GH¢5.29, and Ecobank Transnational Incorporated shed GH¢0.08 to close at GH¢1.47. GOIL also eased marginally by GH¢0.01 to close at GH¢7.93.
CalBank recorded the highest volume for the day, with 236,466 shares traded for GH¢180,107.10, although its price remained unchanged at GH¢0.76. MTN Ghana followed by volume, ahead of GCB Bank and ETI.
Other notable trades included Atlantic Lithium, which recorded 7,810 shares valued at GH¢66,072.60; Access Bank, with 2,109 shares worth GH¢58,208.40; and Republic Bank, with 9,791 shares valued at GH¢51,818.21.
The session reflected a mixed market tone, with gains in GCB Bank, MTN Ghana, Clydestone and ZEN Petroleum offset by losses in Enterprise Group, SIC Insurance, Republic Bank, ETI, Ecobank Ghana and GOIL.
For the next session, market attention is likely to remain on financial stocks, particularly GCB Bank, Ecobank Ghana and Republic Bank, as investors assess whether the day’s banking-sector activity signals renewed institutional positioning or short-term portfolio rebalancing.
