- GSE Activity Slows Sharply as Kasapreko, MTN Account for Bulk of Trades
Trading activity on the Ghana Stock Exchange slowed sharply on Monday, June 29, 2026, with total market turnover falling to GH¢6.96 million from 3.43 million shares, as liquidity remained concentrated in a few counters.
The session marked a weaker start to the trading week compared with Friday’s activity, when the market recorded GH¢15.26 million in turnover from 7.79 million shares.
Ordinary shares accounted for most of Monday’s activity, with 2.18 million shares changing hands, valued at GH¢6.74 million. The Ghana Alternative Market contributed 1.25 million shares, driven almost entirely by Intravenous Infusions PLC, while the NewGold exchange traded fund recorded GH¢2,772 from six units traded.
MTN Ghana led the market by value traded, recording GH¢3.15 million from 488,690 shares. The stock, however, slipped by GH¢0.02 to close at GH¢6.44, from a previous closing price of GH¢6.46.
Kasapreko PLC was the most traded stock by volume, with 1.41 million shares valued at GH¢2.66 million. The stock declined by GH¢0.11 to close at GH¢1.88, extending the correction from its previous close of GH¢1.99.
Together, MTN Ghana and Kasapreko accounted for about 83.46% of total market value traded, underscoring the continued concentration of liquidity in a small number of counters.
Intravenous Infusions PLC also recorded strong activity on the Ghana Alternative Market, trading 1.25 million shares valued at GH¢212,557.63. The stock gained GH¢0.01 to close at GH¢0.17, making it one of only two gainers on the day.
GCB Bank PLC was the other major gainer, rising by GH¢1.00 to close at GH¢40.00, after trading 5,493 shares valued at GH¢219,227. The move lifted the bank from its previous closing price of GH¢39.00.
CALBank PLC recorded 208,047 shares valued at GH¢163,876.87, but closed lower by GH¢0.03 at GH¢0.78. SIC Insurance Company PLC also declined, losing GH¢0.01 to close at GH¢6.02, with 16,788 shares traded for GH¢101,077.24.
Other notable trades included Ecobank Ghana PLC, which recorded 2,817 shares worth GH¢94,848.39 and closed unchanged at GH¢33.67. GOIL traded 8,577 shares valued at GH¢64,327.50, while Ecobank Transnational Incorporated recorded 27,068 shares worth GH¢61,444.36.
Fan Milk PLC traded 3,561 shares valued at GH¢47,503.74 and closed unchanged at GH¢13.34. Benso Palm Plantation PLC recorded 680 shares worth GH¢54,393 and also closed flat at GH¢79.99.
Most counters ended the session unchanged. Access Bank Ghana closed at GH¢31.90, Agricultural Development Bank at GH¢5.30, Atlantic Lithium at GH¢8.46, Enterprise Group at GH¢10.05, Guinness Ghana Breweries at GH¢11.99, Standard Chartered Bank Ghana at GH¢71.00, Societe Generale Ghana at GH¢6.80, TotalEnergies Marketing Ghana at GH¢36.00, Unilever Ghana at GH¢29.50 and ZEN Petroleum Holdings at GH¢10.99.
The day’s price movement was mixed but narrow, with gains in GCB Bank and Intravenous Infusions offset by losses in Kasapreko, CALBank, MTN Ghana and SIC Insurance.
The trading pattern shows that while liquidity remains present on the market, it continues to be highly selective. MTN Ghana and Kasapreko remain the key turnover anchors, while Intravenous Infusions continues to provide strong volume support on the Ghana Alternative Market.
For investors, Monday’s session points to a more cautious market tone after the recent strong rally in equities. Profit-taking appears to be affecting selected counters, particularly those that have recorded sharp gains in recent months.
Kasapreko’s continued volume dominance suggests sustained investor interest in the newly listed beverage producer, but the price decline shows that the stock is still searching for a stable trading range after its earlier strong activity.
MTN Ghana’s small decline also weighed on market sentiment, given its importance as one of the most liquid and heavily traded counters on the exchange.
Overall, the session reflected a quieter market, with turnover down sharply from the previous trading day and price action limited to a few active stocks.
The next few sessions will be important in determining whether the lower turnover represents a temporary pause or the beginning of a broader cooling in market activity after the strong first-half rally.
