- NorvanReports | GSE Turnover Jumps to GH¢41.51 Million as MTN Ghana and GCB Drive Trading
Trading on the Ghana Stock Exchange rose sharply on Thursday, April 30, 2026, with total market turnover reaching GH¢41.51 million as investors exchanged 4.01 million shares across listed equities and exchange traded funds.
The session was driven largely by Scancom PLC, MTN Ghana, and GCB Bank PLC, which together accounted for the overwhelming share of market value traded.
MTN Ghana led the market by both volume and value, with 3.06 million shares traded for GH¢20.80 million. The telecoms stock also gained GH¢0.03 to close at GH¢6.80, from a previous closing price of GH¢6.77.
GCB Bank followed closely in value terms, with 434,660 shares traded for GH¢18.06 million. The stock rose GH¢0.12 to close at GH¢41.55, compared with GH¢41.43 in the previous session.
Together, MTN Ghana and GCB Bank accounted for about GH¢38.86 million of total market turnover, underlining the heavy concentration of activity in a few large-cap counters.
Other notable trades included Atlantic Lithium Limited, which recorded 52,785 shares valued at GH¢411,723, Societe Generale Ghana PLC with 53,410 shares valued at GH¢337,249.30, and Ecobank Transnational Incorporated with 98,679 shares worth GH¢215,358.93.
The ordinary shares market recorded 4.00 million shares valued at GH¢40.89 million, while the NewGold exchange traded fund added 1,241 units valued at GH¢616,789.40, bringing total market turnover to GH¢41.51 million.
Price movements were mixed.
ZEN Petroleum Holdings PLC posted the strongest gain of the session, rising by GH¢0.39 to close at GH¢6.14, from GH¢5.75 previously. GCB Bank gained GH¢0.12, while MTN Ghana advanced by GH¢0.03. NewGold also edged up by GH¢0.01 to close at GH¢497.01.
On the losing side, Fan Milk PLC recorded the steepest decline, falling by GH¢0.50 to close at GH¢11.50. TotalEnergies Marketing Ghana PLC declined by GH¢0.31 to close at GH¢34.23, while Ecobank Transnational Incorporated and Enterprise Group PLC each lost GH¢0.02. Republic Bank Ghana PLC also eased by GH¢0.01 to close at GH¢5.57.
Several counters closed unchanged, including Access Bank Ghana PLC, Agricultural Development Bank PLC, Atlantic Lithium Limited, Benso Palm Plantation PLC, Cal Bank PLC, Ecobank Ghana PLC, Guinness Ghana Breweries PLC, Ghana Oil Company PLC, Standard Chartered Bank Ghana PLC, SIC Insurance Company PLC, Societe Generale Ghana PLC, Tullow Oil PLC and Unilever Ghana PLC.
The session demonstrated a notable improvement in market activity compared to recent trading, although liquidity remained concentrated in a narrow group of counters. MTN Ghana continued to anchor market depth, while GCB Bank’s strong turnover showed renewed investor interest in banking stocks. The pattern suggests that while market liquidity can rise sharply when institutional activity appears in major counters, secondary market depth across the wider exchange remains uneven.
