Investors Drive GSE Turnover Surge to Over GH¢124 Million, MTN Ghana and StanChart Lead Historic Trading Day

Business

Els: MBN360

he Ghana Stock Exchange (GSE) recorded an impressive trading session as investor activity surged, pushing total turnover above GHS124 million. 

At the close of trading, a total of 15,606,080 shares had exchanged hands, corresponding to a market value of GHS 124,396,662.84.

The trading figures represent a significant improvement compared with the previous trading session on Wednesday, March 4. Market data shows a 336 percent increase in traded volume and a 212 percent increase in turnover. The remarkable surge reflects growing investor confidence and heightened participation in the equities market.

Overall, 19 listed equities participated in the trading session, demonstrating active engagement across multiple sectors of the market. The trading day ended strongly with a majority of the listed equities posting gains, signaling renewed momentum for the local bourse.

Majority of Equities Record Gains

Out of the 19 equities that participated in trading, 13 ended the day as gainers while only one recorded a loss. The strong performance across many stocks contributed to the overall growth in market indices and trading value.

Cocoa Processing Company emerged as the top performer of the day. The company led the gainers with a 14.29 percent share price appreciation, closing the session at GHS 0.08 per share. Its performance highlighted renewed investor interest in the stock and contributed to the broader rally on the exchange.

Following closely was Standard Chartered Bank, which posted a 9.99 percent increase in its share price. Enterprise Group also delivered a strong showing with an 8.89 percent appreciation, while Guinness Ghana Breweries gained 7.33 percent during the trading session.

These performances underscore the diverse range of sectors that drove the market rally, including banking, insurance, manufacturing, and consumer goods.

Despite the generally positive outlook, one stock recorded a decline during the trading session. The only equity that lost value on the day was GCB Bank, which experienced a 3.33 percent drop in its share price.

MTN Ghana Leads Trading Volumes

Trading activity on the exchange was dominated by a few heavily traded stocks, with MTN Ghana leading the pack by a wide margin. The telecommunications giant recorded the highest volume of traded shares, with approximately 13.4 million shares changing hands during the session.

The strong trading volume in MTN Ghana reflects its continued position as one of the most actively traded stocks on the exchange, attracting both institutional and retail investors.

Ecobank Transnational followed as the second most traded equity, recording 618,303 shares. GCB Bank also saw significant activity with 535,420 shares traded, while CalBank recorded 354,543 shares during the session.

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The strong participation in these stocks played a key role in boosting the overall trading volume recorded by the exchange for the day.

Market Indices Continue Upward Trend

The impressive trading session was also reflected in the performance of the market’s key indices, both of which recorded notable gains.

The benchmark GSE Composite Index (GSE-CI) increased by 267.76 points, representing a 1.91 percent rise, to close at 14,273.08 points. The index performance highlights the sustained positive momentum that has characterized the market in recent weeks.

In terms of broader trends, the GSE Composite Index recorded a one week gain of 13.87 percent. Over a four week period, the index has surged by 57.69 percent. From the beginning of the year to date, the index has delivered an impressive gain of 62.74 percent.

These figures demonstrate the strong performance of the Ghanaian equities market and the growing interest from investors seeking opportunities within the local capital market.

The financial sector also recorded a strong showing. The GSE Financial Stocks Index (GSE-FSI) rose by 1.66 percent to reach 8,951.61 points at the close of trading.

The financial index has delivered remarkable growth across multiple time frames. It recorded a one week gain of 22.18 percent and an even stronger four week gain of 79.33 percent. On a year to date basis, the index has surged by 92.62 percent, reflecting the resilience and strong performance of financial institutions listed on the exchange.

Market Capitalization Reaches GHS262.1 Billion

The positive performance of equities and indices has contributed to the growing size of the Ghana Stock Exchange. Current data shows that the market capitalization of the exchange now stands at GHS 262.1 billion.

Market capitalization represents the total value of all listed companies on the exchange and serves as a key indicator of the overall strength and attractiveness of the capital market.

The continued growth in market capitalization signals renewed investor interest in Ghanaian equities and reflects improving sentiment within the financial market.

As trading volumes increase and more companies record gains, the Ghana Stock Exchange appears to be maintaining strong momentum in 2026. Market analysts note that sustained investor confidence and improved corporate performance could further support the growth of Ghana’s capital market in the months ahead.

With strong gains across several sectors and record levels of trading activity, the latest trading session underscores the growing importance of the Ghana Stock Exchange as a platform for investment, capital mobilization, and economic development.