- MTN Ghana Gains 19 Pesewas as GSE Records GH¢4.61m in Trades
Trading activity on the Ghana Stock Exchange moderated on Wednesday, May 20, 2026, with total turnover declining to GH¢4.61 million, even as MTN Ghana emerged as the dominant stock by value and volume.
According to the GSE official list for the 7,215th trading session, total market volume stood at 1.18 million shares, valued at GH¢4.61 million. Ordinary shares accounted for 1.18 million shares, worth GH¢4.57 million, while NewGold ETF recorded 77 units traded, valued at GH¢38,269.
MTN Ghana was the session’s main driver, recording 374,476 shares traded for GH¢2.52 million. The telecoms stock gained GH¢0.19 to close at GH¢6.72, after opening at GH¢6.53. The stock also ended with a closing bid of GH¢6.60 and closing offer of GH¢6.72, suggesting continued investor interest in the counter.
CalBank recorded the highest volume for the day, with 583,102 shares changing hands, valued at GH¢443,122.83. The stock closed unchanged at GH¢0.76, maintaining its previous closing price.
GCB Bank also remained active, with 22,919 shares traded for GH¢847,773.81. The bank closed unchanged at GH¢36.99, after rising strongly in the previous session.
Clydestone Ghana extended its positive run, gaining GH¢0.01 to close at GH¢2.00 on 20,450 shares traded. The movement lifted the stock to a new year high of GH¢2.00, reinforcing recent market interest in the company following its digital expansion and payments infrastructure strategy.
On the downside, Ecobank Ghana fell by GH¢0.64 to close at GH¢48.00, with 3,639 shares traded for GH¢174,672.00. Ecobank Transnational Incorporated also declined by GH¢0.05 to close at GH¢1.42, while SIC Insurance lost GH¢0.12 to end the session at GH¢5.43. Societe Generale Ghana also slipped by GH¢0.02 to close at GH¢6.54.
Other notable trades included GOIL, which recorded 5,966 shares worth GH¢47,310.38, Benso Palm Plantation with 388 shares valued at GH¢33,174.00, and Unilever Ghana with 1,087 shares worth GH¢32,610.00.
Compared with the previous session, total market value declined from GH¢6.21 million to GH¢4.61 million, despite an increase in total shares traded. This suggests that Wednesday’s trading was more volume-heavy but less value-concentrated than Tuesday, when GCB Bank accounted for a large share of turnover.
The session reflected a mixed market tone. Gains in MTN Ghana and Clydestone helped support sentiment, but losses in Ecobank Ghana, ETI, SIC Insurance and Societe Generale weighed on the broader market mood.
