Scancom PLC drove trading activity on the Ghana Stock Exchange on Wednesday, May 6, 2026, as total market turnover rebounded sharply to GH¢21.64 million.
Investors traded 3.24 million shares across listed equities and exchange traded funds during the session, reflecting a significant improvement from the previous trading day when turnover stood at GH¢5.94 million.
MTN Ghana remained the clear market leader, accounting for the overwhelming share of activity by both volume and value.
The telecoms giant recorded 2.95 million shares traded, valued at GH¢20.03 million. Despite the heavy activity, the stock closed unchanged at GH¢6.80.
The performance reinforced MTN Ghana’s role as the most liquid counter on the exchange and highlighted the market’s continued dependence on a small number of actively traded stocks.
The ordinary shares market accounted for 3.24 million shares worth GH¢21.30 million, while the NewGold Exchange Traded Fund recorded 676 units valued at GH¢335,979.40.
Mixed Price Movements Across Counters
Trading activity outside MTN Ghana remained relatively modest but showed selective investor interest in petroleum, banking and insurance stocks.
Ghana Oil Company PLC recorded 29,302 shares valued at GH¢234,799.42 and edged up by GH¢0.01 to close at GH¢8.01, marking a new year high.
ZEN Petroleum Holdings PLC posted the strongest gain of the session, rising by GH¢0.16 to close at GH¢6.56. SIC Insurance Company PLC gained GH¢0.07 to close at GH¢5.72, while Societe Generale Ghana PLC advanced by GH¢0.06 to GH¢6.40.
On the losing side, Enterprise Group PLC recorded the steepest decline, shedding GH¢0.37 to close at GH¢10.66.
Ecobank Transnational Incorporated and Republic Bank Ghana PLC both lost GH¢0.02.
Narrow Breadth Persists
Several major counters, including GCB Bank PLC, Fan Milk PLC and TotalEnergies Marketing Ghana PLC, closed unchanged.
Analysts say the session reflected renewed liquidity but also highlighted the narrow breadth of activity on the exchange, with many listed equities recording limited or no trades.
While stronger turnover signalled improved investor participation, MTN Ghana’s dominance once again underscored the challenge of deepening secondary-market activity across the broader exchange.
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