Trading on the Ghana Stock Exchange opened the week with a turnover of GH¢4.90 million as investor activity remained concentrated in a few major equities, led by MTN Ghana, SIC Insurance Company, CalBank and Ecobank Transnational Incorporated.
According to the GSE Official List for Trading Session 7218, a total of 1,015,682 shares were traded on Monday, May 25, 2026, with a market value of GH¢4,903,716.60.
Ordinary shares accounted for nearly all trading activity, with 1,015,539 shares valued at GH¢4,903,084.70 changing hands during the session.
MTN Ghana Dominates Market Turnover
MTN Ghana once again emerged as the market’s most active counter by value, trading 411,899 shares worth GH¢2.77 million.
The telecom giant closed unchanged at GH¢6.73 per share, accounting for approximately 56.5 percent of total market turnover and reinforcing its position as the dominant liquidity driver on the local bourse.
SIC Insurance also recorded notable activity, with 55,825 shares traded for GH¢295,264.25 while maintaining its closing price of GH¢5.29.
Ecobank Transnational Incorporated gained GH¢0.01 to close at GH¢1.34 after recording 210,635 traded shares valued at GH¢281,027.03.
ZEN Petroleum Emerges Top Gainer
ZEN Petroleum Holdings delivered the strongest price performance of the session, climbing by GH¢0.96 to close at GH¢10.64.
The stock traded 40,401 shares valued at GH¢429,866.64, representing a sharp 9.92 percent increase from its previous closing price of GH¢9.68.
Market analysts viewed the rally as the clearest bullish signal during the session, helping offset weakness recorded in parts of the banking sector.
Banking Stocks Face Pressure
CalBank remained among the most actively traded stocks by volume, recording 253,162 traded shares worth GH¢191,672.20. However, the stock slipped by GH¢0.01 to close at GH¢0.75.
GCB Bank also came under pressure, losing GH¢0.99 to close at GH¢36.00 after trading 4,147 shares valued at GH¢149,339.00.
Meanwhile, Republic Bank Ghana fell by GH¢0.09 to close at GH¢5.20.
Other notable counters traded during the session included TotalEnergies Marketing Ghana, GOIL and Standard Chartered Bank Ghana.
Despite improved turnover, analysts say investors remain cautious, with trading activity still heavily concentrated in a few large-cap stocks while broader market participation remains relatively subdued.
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