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ZEN Petroleum Dominates GSE Trading With GHS 10.97m Turnover

ZEN Petroleum Holdings Plc recorded the highest ordinary share turnover, while NewGold ETF fell sharply despite contributing GHS 3.15 million to market value

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  • ZEN Petroleum Dominates GSE Trading With GHS 10.97m Turnover

Trading activity on the Ghana Stock Exchange closed at GHS 27.87 million on Wednesday, June 10, 2026, as ZEN Petroleum Holdings Plc, MTN Ghana and NewGold ETF dominated market turnover.

According to the GSE Official List for the 7229th trading session, total volume traded stood at 5,445,193 shares and units, with total value traded reaching GHS 27,868,410.91.

Ordinary shares accounted for 5,184,024 shares, valued at GHS 24,691,769.85, while NewGold ETF contributed 6,650 units, valued at GHS 3,148,643.97.

ZEN Petroleum Holdings Plc recorded the highest ordinary share turnover for the session, trading 2,097,320 shares valued at GHS 10,973,200.00. The stock closed unchanged at GHS 10.00.

MTN Ghana followed with 1,450,030 shares traded for GHS 9,368,561.08. The stock closed at GHS 6.46, after shedding GHS 0.01.

CAL Bank also recorded strong market activity, trading 1,356,050 shares valued at GHS 1,045,581.98. The stock declined by GHS 0.02 to close at GHS 0.77.

GCB Bank traded 50,824 shares worth GHS 1,829,664.00, closing unchanged at GHS 36.00.

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NewGold ETF remained one of the main drivers of total market value, although its price fell sharply during the session. The exchange-traded fund declined by GHS 25.42 to close at GHS 473.48, after trading 6,650 units valued at GHS 3,148,643.97.

The day’s biggest price gainer was TotalEnergies Marketing Ghana, which advanced by GHS 3.00 to close at GHS 36.00. The counter traded 2,367 shares valued at GHS 84,765.00.

Clydestone Ghana also gained, rising by GHS 0.20 to close at GHS 2.24, after trading 1,000 shares worth GHS 2,240.00.

Societe Generale Ghana advanced by GHS 0.10 to close at GHS 6.61, with 11,184 shares traded for GHS 73,909.25.

Enterprise Group gained GHS 0.03 to close at GHS 10.05, after trading 7,320 shares valued at GHS 73,456.20.

Ecobank Transnational Incorporated also gained GHS 0.11, closing at GHS 1.95 after recording 46,713 shares valued at GHS 86,317.79.

Fan Milk edged up by GHS 0.01 to close at GHS 13.31, with 5,374 shares traded for GHS 71,507.92.

On the decliners’ side, Guinness Ghana Breweries fell by GHS 0.25 to close at GHS 14.25, after trading 937 shares valued at GHS 13,352.25.

MTN Ghana slipped by GHS 0.01, while CAL Bank dropped by GHS 0.02.

Despite the price declines in MTN Ghana and CAL Bank, both counters remained among the most actively traded securities by volume, reflecting continued investor activity in liquid stocks.

Other notable trades included SIC Insurance, which recorded 93,273 shares valued at GHS 418,645.77, closing unchanged at GHS 4.49.

Republic Bank Ghana traded 16,056 shares valued at GHS 80,280.00, also closing unchanged at GHS 5.00.

Ecobank Ghana recorded 3,420 shares valued at GHS 142,614.00, while Unilever Ghana traded 1,843 shares worth GHS 54,368.50.

On the Ghana Alternative Market, Hords Plc dominated activity with 254,419 shares traded for GHS 27,986.09, closing unchanged at GHS 0.11.

Intravenous Infusions recorded 100 shares valued at GHS 11.00, while Samba Foods, Meridian Marshalls Holding Company and Digicut Production & Advertising recorded no trades.

Overall, the session showed strong market concentration in a few counters, with ZEN Petroleum Holdings Plc, MTN Ghana, NewGold ETF, GCB Bank and CAL Bank accounting for the bulk of turnover.

Price movement was mixed.

TotalEnergies, Clydestone, Societe Generale Ghana, Enterprise Group, Ecobank Transnational Incorporated and Fan Milk posted gains, while NewGold ETF, Guinness Ghana Breweries, CAL Bank and MTN Ghana closed lower.

The key signal from the session is that liquidity remains concentrated in a small group of high-value and high-volume securities.

ZEN Petroleum Holdings Plc led ordinary share turnover, MTN Ghana remained the dominant volume counter among blue-chip equities, and NewGold continued to influence total market value despite its sharp price decline.

For investors, Wednesday’s session points to active positioning in selected petroleum, telecoms, banking and exchange-traded securities, while broader market participation remains relatively narrow.

 

Tags: GSE Trades GHS 27.87 Million as ZEN Petroleum Leads Market ActivityGSE Turnover Hits GHS 27.87 Million Despite NewGold Price DropMTN and NewGold Lead GSE Activity in 7229th SessionMTN Drive GSE Turnover to GHS 27.87 MillionZen PetroleumZEN Petroleum Dominates GSE Trading With GHS 10.97m Turnover
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