- GSE Market Value Jumps To GH¢36.23m as Telecom Stock Drives Trading
Trading activity on the Ghana Stock Exchange rebounded sharply on Wednesday, July 15, 2026, as Scancom PLC, operators of MTN Ghana, dominated market turnover and lifted the value of shares traded to GH¢36.23 million.
Total volume traded stood at 6,284,653 shares and units, with total value traded reaching GH¢36,230,433.23. Compared with the previous session’s value of GH¢19.04 million, market turnover increased by 90.30%, while volume rose by 65.72% from 3,792,786 shares and units.
The session was overwhelmingly driven by MTNGH, which recorded 5,083,148 shares valued at GH¢32,908,828.70. The telecoms stock alone accounted for 80.88% of total market volume and 90.83% of total value traded, confirming its continued dominance as the most liquid counter on the exchange.
MTNGH closed at GH¢6.47, up GH¢0.02 from its previous closing price of GH¢6.45, representing a gain of 0.31%. The stock opened at GH¢6.45 and last traded at GH¢6.47, with closing bid and offer prices of GH¢6.47 and GH¢6.50 respectively.
Ordinary shares accounted for the bulk of market activity, with 6,212,226 shares traded for GH¢35,545,040.23. This represented 98.85% of total volume and 98.11% of total value traded, while activity in exchange-traded funds and the Ghana Alternative Market contributed the balance.
Kasapreko PLC was the second-largest contributor by value, with 461,854 shares traded for GH¢935,071.25. The beverage manufacturer closed at GH¢2.02, up GH¢0.14 from GH¢1.88, marking a strong price gain of 7.45%. The stock’s move points to sustained investor interest following its recent listing and continued trading activity on the main market.
NewGold also recorded notable activity, with 1,427 units traded for GH¢659,833.00. The exchange-traded fund closed at GH¢462.39, up GH¢0.39 from GH¢462.00, representing a marginal gain of 0.08%.
CalBank PLC followed with 543,290 shares valued at GH¢434,632.00. The stock closed at GH¢0.80, up GH¢0.01 from GH¢0.79, translating into a 1.27% gain. Ecobank Ghana PLC also advanced strongly, closing at GH¢36.79 from GH¢34.94 after gaining GH¢1.85, or 5.29%. EGH recorded 10,354 shares valued at GH¢381,087.66.
Other notable trades included Ghana Oil Company PLC, which recorded 29,133 shares valued at GH¢232,481.34, and GCB Bank PLC, which traded 4,975 shares worth GH¢212,780.75. Fan Milk PLC posted 7,026 shares valued at GH¢93,445.80, while Enterprise Group PLC traded 4,856 shares worth GH¢48,802.80.
Ecobank Transnational Incorporated was the only notable price decliner on the day, losing GH¢0.10 to close at GH¢2.06 from GH¢2.16. This represented a decline of 4.63%, with 52,978 shares traded for GH¢109,791.40.
On the Ghana Alternative Market, Intravenous Infusions PLC recorded 71,000 shares valued at GH¢25,560.00. The stock closed at GH¢0.36, up GH¢0.03 from GH¢0.33, representing a gain of 9.09%, making it one of the strongest percentage gainers of the session.
ZEN Petroleum Holdings Plc traded 66 shares valued at GH¢726.00 and closed unchanged at GH¢11.00. The counter maintained its closing bid at GH¢11.00.
The day’s trading pattern showed a market heavily concentrated in MTNGH, but with pockets of price gains across banking, beverages, telecoms, ETFs and the alternative market. MTNGH provided the liquidity, while Kasapreko, Ecobank Ghana, CalBank and Intravenous Infusions supplied much of the positive price movement.
The strong rebound in turnover suggests that investor activity remains active, although still concentrated in a few counters. With MTNGH accounting for more than 90.00% of value traded, the broader market’s depth remains limited despite the sharp increase in headline turnover.
For the exchange, Wednesday’s session reinforced two themes: the continued dominance of MTNGH as the market’s liquidity anchor, and the growing relevance of newly active counters such as Kasapreko in widening trading interest.
The market closed with turnover firmly above the previous day’s level, supported by improved activity in ordinary shares and gains in selected equities.
