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Home Business Banking & Finance

Zen Petroleum Gains GH¢1.14 as GSE Opens June Session Higher

5 months ago
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  • Zen Petroleum Gains GH¢1.14 as GSE Opens June Session Higher

Trading activity on the Ghana Stock Exchange opened June on a stronger note, with total turnover reaching GH¢31.78 million in the 7222nd trading session on June 1, 2026. According to the official market list, investors exchanged 5.06 million shares valued at GH¢31.78 million, with activity heavily concentrated in MTN Ghana.

MTN Ghana accounted for the bulk of market activity, recording 4.42 million shares traded, valued at GH¢28.70 million. The stock closed unchanged at GH¢6.50, with its closing offer also at GH¢6.50.

Zen Petroleum was the session’s standout price mover, rising by GH¢1.14 to close at GH¢12.61, after opening at GH¢11.47. The counter recorded 75,373 shares traded, valued at GH¢950,182.34.

Benso Oil Palm Plantation was the most significant decliner, shedding GH¢0.50 to close at GH¢85.00. The stock recorded 9,452 shares traded, valued at GH¢803,423.50.

SIC Insurance also ended lower, declining by GH¢0.05 to close at GH¢4.95, with 53,701 shares changing hands for GH¢264,132.20. Ecobank Transnational Incorporated slipped by GH¢0.01 to close at GH¢1.38, after recording 121,262 shares traded for GH¢166,869.22.

Other notable trades included Access Bank Ghana, which recorded 3,279 shares valued at GH¢90,500.40, Ecobank Ghana with 2,730 shares worth GH¢131,040, and GCB Bank with 2,533 shares valued at GH¢89,288.25.

NewGold, the exchange traded fund, recorded 210 units valued at GH¢105,403.20, closing unchanged at GH¢501.92. On the Ghana Alternative Market, Hords Plc recorded 97,078 shares valued at GH¢10,678.58, while Intravenous Infusions traded 1,100 shares worth GH¢110.

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The session showed a familiar pattern on the local bourse: strong overall turnover driven by a narrow group of counters, especially MTN Ghana, while price movements remained selective.

For investors, Zen Petroleum’s sharp gain provided the main lift in sentiment, but MTN Ghana remained the key liquidity anchor of the market. The broader message from the session is that the GSE continues to show active trading interest, yet liquidity remains highly concentrated in a few dominant counters.

Tags: Atlantic Lithium and ZEN Petroleum.Ghana Stock ExchangeGSE Turnover Rises to GH¢31.78m as MTN Ghana Dominates TradingMTN Ghana Leads GSE Activity With GH¢28.7 Million in Tradeswhile newly listed ZEN Petroleum opened trading with a modest premiumZen PetroleumZen Petroleum Gains GH¢1.14 as GSE Opens June Session Higher
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