GSE trading value jumps 251% on MTN dominance

The Ghana Stock Exchange (GSE) witnessed a dramatic increase in trading activity during the week ending July 31, 2026. The total value of shares traded soared by 251%, reaching GH¢168.92 million, a significant jump from GH¢48.12 million in the previous week. This surge was overwhelmingly propelled by transactions involving MTN Ghana.

The volume of shares traded also saw a substantial rise, climbing by 158.2% to 29.73 million shares, up from 11.51 million shares the week prior. Reflecting this heightened activity, the GSE Composite Index gained 0.68% to close at 15,434.87 points. However, the GSE Financial Stocks Index experienced a minor dip of 0.52%, settling at 8,238.07 points, indicating mixed performance within the financial sector.

MTN Ghana was the dominant force in trading, accounting for approximately 77.7% of the total value traded and 62.5% of the total volume. The broader information and communications technology (ICT) sector, largely due to MTN's performance, contributed 77.79% of the week's total turnover. The financial sector followed, generating GH¢24.68 million in turnover.

Other notable performers in terms of value traded included GCB Bank (GH¢20.25 million), Intravenous Infusions Limited (GH¢4.98 million), Kasapreko (GH¢4.68 million), and Ecobank Ghana (GH¢1.71 million). In terms of volume, Intravenous Infusions Limited was second to MTN Ghana, with 5.66 million shares traded. Despite the strong overall figures, the market remains highly concentrated, with MTN Ghana and GCB Bank together representing nearly 90% of the week's total value traded.