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MTN and GCB power GSE turnover as Access Bank suffers sharpest drop

Telecom and banking counters drove a GH¢10.53mn session, with MTNGH dominating value traded while Access Bank weighed on the day’s price action

7 months ago
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  • MTN and GCB power GSE turnover as Access Bank suffers sharpest drop

Trading on the Ghana Stock Exchange on April 15, 2026 closed with stronger turnover and a more active tape, as MTN Ghana and GCB Bank dominated market value while Access Bank Ghana posted the session’s steepest decline.

Total market volume reached 1.65 million shares, with total value traded at GH¢10.53 million, up from the previous session’s GH¢8.61 million, underscoring a market still heavily concentrated in a small group of liquid counters.

The day’s standout performer by value was MTN Ghana, which traded 1,337,862 shares worth GH¢7.76 million and closed at GH¢5.79, up GH¢0.24 from the previous VWAP close of GH¢5.55. The stock alone accounted for the clear majority of market turnover, reinforcing its role as the exchange’s principal liquidity anchor.

GCB Bank also delivered a strong session, rising GH¢0.81 to close at GH¢26.82 on 47,551 shares worth GH¢1.27 million. That made it the second-biggest contributor to traded value and one of the most important positive drivers of the market on the day.

Other notable gainers included SIC Insurance, which climbed GH¢0.22 to GH¢4.12, Clydestone Ghana, up GH¢0.12 to GH¢1.32, Ecobank Transnational, which gained GH¢0.07 to close at GH¢1.88, and CalBank, up GH¢0.02 to GH¢0.77.

But the session’s sharpest negative move came from Access Bank Ghana, which dropped GH¢4.19 to close at GH¢37.81 from a previous VWAP close of GH¢42.00. Although only 934 shares changed hands, the size of the fall made it the most striking decliner on the board.

Other decliners included Enterprise Group, down GH¢0.24 to GH¢11.39, TotalEnergies Marketing Ghana, which slipped GH¢0.10 to GH¢38.40, Societe Generale Ghana, down GH¢0.05 to GH¢5.32, and Fan Milk, which eased GH¢0.04 to GH¢12.55.

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Market breadth remained mixed. Several counters, including Ecobank Ghana, Republic Bank Ghana, Standard Chartered Bank Ghana, Guinness Ghana Breweries, and GOIL, closed unchanged, while many other listed equities again recorded no trades at all.

For investors, the structure of the session tells the real story. The GSE remains capable of producing respectable turnover, but liquidity is still overwhelmingly concentrated in a few names especially MTN Ghana and selected banking stocks. On April 15, that concentration worked in the market’s favour, with gains in MTNGH and GCB more than offsetting the drag from Access Bank and a handful of softer counters.

Tags: Ghana Stock ExchangeTelecom and banking counters drove a GH¢10.53mn sessionwith MTNGH dominating value traded while Access Bank weighed on the day’s price action
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