- Totalenergies, GCB and MTN Ghana Lift GSE as Turnover Rises to GH¢17.68m
Trading activity on the Ghana Stock Exchange strengthened on Wednesday, July 8, 2026, as turnover rose to GH¢17.68 million, driven largely by strong investor activity in MTN Ghana and Kasapreko PLC.
The market recorded total traded volume of 4.14 million shares, valued at GH¢17.68 million, across listed equities, exchange-traded funds, and Ghana Alternative Market securities. The session was heavily concentrated in a few counters, with MTN Ghana alone accounting for almost 70.00% of the total market value.
MTN Ghana emerged as the dominant stock by value traded, recording 1.91 million shares valued at GH¢12.28 million. This represented 69.44% of total market turnover and 46.10% of total shares traded.
The counter closed at GH¢6.43 after opening at GH¢6.42 and recording a last transaction price of GH¢6.43. Its share price gained GH¢0.01 during the session, extending its role as one of the most actively watched counters on the exchange.
The strong performance of MTN Ghana is significant because of the company’s weight on the local bourse. As one of the most liquid stocks on the market, trading activity in MTN Ghana often has a major influence on overall market turnover. Wednesday’s session again showed that investor appetite for large-cap, liquid counters remains central to market activity.
Kasapreko PLC followed as the second-largest contributor to turnover, with 1.38 million shares valued at GH¢2.60 million. The stock accounted for 14.69% of total traded value and 33.37% of total traded volume.
Kasapreko closed unchanged at GH¢1.88, maintaining the same price as its previous closing level. Although the stock did not record a price gain, its heavy volume reinforced its growing relevance on the exchange since listing. The company continues to attract active secondary market interest, making it one of the key counters shaping recent market activity.
Together, MTN Ghana and Kasapreko accounted for 84.13% of total market turnover and 79.46% of total shares traded. This shows that while overall market activity improved, liquidity remained concentrated in a small number of counters.
Ecobank Transnational Incorporated was the third most traded stock by value, with 279,323 shares valued at GH¢611,600.37. The counter closed unchanged at GH¢2.19.
GCB Bank PLC also recorded notable activity, trading 7,998 shares valued at GH¢338,925.17. The stock closed at GH¢42.35, gaining GH¢0.38 from its previous closing price of GH¢41.97.
SIC Insurance Company PLC recorded 54,478 shares valued at GH¢326,868.00, but its share price slipped by GH¢0.01 to close at GH¢6.00. CalBank PLC traded 388,864 shares valued at GH¢304,566.03, closing unchanged at GH¢0.78.
Ecobank Ghana PLC also featured among the active counters, with 7,614 shares valued at GH¢258,962.00, closing unchanged at GH¢34.00. Ghana Oil Company PLC recorded 24,620 shares valued at GH¢196,467.60, while Standard Chartered Bank Ghana PLC traded 2,200 shares valued at GH¢155,980.00.
The session produced a positive price movement in several counters. TotalEnergies Marketing Ghana PLC recorded the strongest price gain, rising by GH¢1.40 to close at GH¢41.00. The stock traded 2,121 shares valued at GH¢87,054.60.
GCB Bank followed with a GH¢0.38 gain, closing at GH¢42.35, while Republic Bank Ghana PLC gained GH¢0.13 to close at GH¢3.93. Clydestone Ghana PLC also advanced by GH¢0.07 to close at GH¢3.47.
On the Ghana Alternative Market, Hords PLC gained GH¢0.01 to close at GH¢0.12, while Intravenous Infusions PLC gained GH¢0.02 to close at GH¢0.24.
The only notable price decline among actively traded counters was SIC Insurance, which fell by GH¢0.01 to close at GH¢6.00. The limited number of decliners suggests that market sentiment remained broadly stable during the session, even though trading was concentrated in a few stocks.
The financial sector recorded mixed activity. GCB Bank gained, while Ecobank Ghana, Ecobank Transnational Incorporated, CalBank, Access Bank Ghana, Agricultural Development Bank, Standard Chartered Bank Ghana, Republic Bank Ghana and Societe Generale Ghana either traded flat or recorded modest activity. Republic Bank Ghana was among the gainers, closing at GH¢3.93 after gaining GH¢0.13.
The consumer and manufacturing segment also saw activity, led by Kasapreko and TotalEnergies. Kasapreko remained unchanged but traded heavily, while TotalEnergies posted the strongest gain of the day.
The market’s concentration in MTN Ghana and Kasapreko points to a familiar pattern on the local bourse. Investors continue to favour liquid counters where sizable trades can be executed without significantly disrupting prices. This supports turnover but also highlights the limited breadth of trading activity across the exchange.
A healthier market would require more evenly distributed activity across banking, telecoms, manufacturing, oil marketing, insurance and consumer goods counters. For now, however, a few high-interest stocks continue to determine the tone of daily trading.
The exchange-traded fund segment recorded limited activity, with NewGold trading 11 units valued at GH¢5,082.00. The ETF closed unchanged at GH¢462.00.
On the Ghana Alternative Market, total activity remained modest. Meridian Marshalls Holding Company traded 20 shares valued at GH¢2.20, Hords PLC traded 2,102 shares valued at GH¢252.24, and Intravenous Infusions PLC traded 2,000 shares valued at GH¢480.00.
Overall, Wednesday’s trading session reflected improved market liquidity, led by MTN Ghana and supported by strong volume in Kasapreko. Total market turnover of GH¢17.68 million marked a stronger session compared with recent trading activity, but the concentration of value in MTN Ghana underlined the continuing dependence of the market on a few large and liquid counters.
For investors, the day’s performance suggests that appetite remains strongest for familiar, actively traded names. For the wider market, however, the challenge remains how to deepen liquidity across more listed companies and reduce the dominance of a small group of counters.
The GSE ended the session with 4.14 million shares traded, but the real story was clear: MTN Ghana once again carried the market.
