The Ghana Stock Exchange (GSE) recorded a marginal uptick in trading activity at the close of the March 17, 2026 session, with MTN Ghana dominating market turnover.
Data from the exchange shows that the benchmark GSE Composite Index (GSE-CI) advanced by 23.24 points to close at 15,868.11, lifting its year-to-date (YTD) return to 80.93%. The GSE Financial Stocks Index (GSE-FSI) also gained 94 points, pushing its YTD return to 124.83%.
The positive performance reflects sustained buying interest and upward price movements across select counters, with both benchmark indices ending the session in positive territory.
Mixed sentiment despite gains
Despite the overall gains, market activity pointed to mixed investor sentiment, with a number of equities recording losses.
On the gainers’ chart, Republic Bank Ghana and GOIL led the market, appreciating by GH¢0.26 and GH¢0.16 to close at GH¢4.69 and GH¢7.60, respectively. Ecobank Transnational Incorporated (ETI) and Clydestone (CLYD) also posted modest gains.
On the flip side, SIC Insurance Company and TOTAL Energies topped the laggards, shedding GH¢0.62 and GH¢0.14 to close at GH¢5.59 and GH¢39.99, respectively. Other decliners included CAL Bank, Enterprise Group, Fan Milk, Guinness Ghana Breweries Limited, and MTN Ghana, all of which posted mild losses.
MTN Ghana dominates trading
In terms of traded equities, MTN Ghana accounted for the largest share of market activity, recording a traded value of GH¢1.98 million and a volume of 314,415 shares, representing about 45.28% of total market turnover.
ETI and CAL Bank followed, with traded values of GH¢643,645.29 and GH¢610,502.52, respectively.
Market capitalisation crosses GH¢300bn
Market capitalisation crossed a major milestone, rising above the GH¢300 billion mark for the first time to GH¢301.86 billion, up from GH¢299.56 billion in the previous session.
Total volume traded increased by 3.94% to 1.38 million shares, although total value traded declined by 18.34% to GH¢4.37 million, indicating a shift toward lower-priced trades.
Outlook and corporate actions
Analysts say the market continues to demonstrate resilience, but caution that sustained performance will depend on liquidity conditions, investor sentiment, and broader macroeconomic stability.
On the corporate actions front, AngloGold Ashanti (AGA) is scheduled to pay a Q4 2025 dividend of US$1.73 on March 27, 2026, while MTN Ghana will pay a final dividend of GH¢0.40 for the 2025 financial year on April 10, 2026.
