- MTN dominates turnover as GSE closes Wednesday session with selective price moves
The Ghana Stock Exchange closed its Wednesday, April 1, 2026 trading session with activity once again heavily concentrated in a narrow group of counters, led by Scancom PLC (MTN Ghana), as investors now turn to the opening session for Thursday, April 2, 2026 for the next signal on market direction.
A total of 7.16 million shares changed hands during the session, generating a total market value of GH¢39.73 million. But beneath that turnover, the market remained highly concentrated, with MTN Ghana accounting for by far the largest share of both volume and value traded.
MTN Ghana recorded trades of 6.47 million shares worth GH¢34.52 million, making it the clear driver of market activity for the day. The stock, however, ended weaker on price, with its last transaction recorded at GH¢5.32, down from the previous closing price of GH¢5.40.
Away from MTN Ghana, the session produced a handful of notable movers. Clydestone (Ghana) PLC emerged as the top gainer, rising by GH¢0.09 to close at GH¢1.08, while Cal Bank and Ghana Oil Company (GOIL) each gained GH¢0.01, closing at GH¢0.70 and GH¢7.85 respectively.
On the downside, GCB Bank posted the largest loss of the session, shedding GH¢2.70 to close at GH¢24.36. SIC Insurance Company followed with a decline of GH¢0.22 to GH¢3.08, while MTN Ghana slipped by GH¢0.08 to GH¢5.32. Ecobank Transnational Incorporated (ETI) also eased by GH¢0.01 to close at GH¢1.48.
The day’s other actively traded stocks included GOIL, which traded 107,593 shares worth GH¢843,805.77; Cal Bank, with 103,336 shares worth GH¢71,889.55; and GCB Bank, with 102,301 shares valued at GH¢2.49 million. Benso Oil Palm Plantation also recorded a sizeable trade, with 7,016 shares changing hands at a value of GH¢701,600.
Despite these pockets of activity, the broader market remained relatively quiet, with many listed equities recording no trades at all. That continues to underline the narrow nature of liquidity on the exchange, where a small number of stocks, particularly MTN Ghana and selected banking and energy names, still dictate the shape of daily trading.
For the market, the close of Wednesday’s session leaves investors with a familiar picture: strong headline turnover, but one driven overwhelmingly by a single counter. As trading resumes on Thursday, April 2, 2026, attention will be on whether the next session broadens out beyond MTN Ghana or remains concentrated in the same limited set of liquid names.
