GSE gains despite 46% plunge in value traded

The Ghana Stock Exchange (GSE) concluded the week on an optimistic note, with market capitalization and key indices experiencing gains despite a significant decline in trading volume and value. The market capitalization rose by 1.43% to GH¢288.90 billion for the week ending August 14, 2026, up from GH¢284.84 billion the prior week.

The GSE Composite Index (GSE-CI) increased by 0.79% to 15,307.71 points, while the GSE Financial Stocks Index (GSE-FSI) climbed by 1.19% to 8,116.98 points. These gains were observed amidst a marked slowdown in market activity, with total shares traded falling by 22.16% to 10.06 million shares from 12.92 million in the previous week.

Value traded also dropped sharply by 46.14% to GH¢31.35 million, compared to GH¢58.20 million the week before. Nevertheless, the performance reflected broad price appreciation among several listed equities, with pharmaceutical company DAS Pharma leading the gains at 55.77%, followed by Digicut at 44.44%, and Clyd at 32.92%. Other notable performers included Hords (18.18%), Unilever Ghana (8.47%), and Ecobank Transnational Incorporated (6.78%).

The weakest performers were Intravenous Infusions Limited (IIL) at -13.21%, Benso Oil Palm Plantation (BOPP) at -2.49%, and Societe Generale Ghana at -2.33%. MTN Ghana emerged as the most actively traded stock by value, accounting for GH¢15.97 million of transactions, followed by Kasapreko Company Limited (GH¢2.38 million), GCB Bank (GH¢2.02 million), GOIL (GH¢1.33 million), and BOPP (GH¢1.06 million).

The ICT sector dominated trading value, recording GH¢16.43 million, followed by finance (GH¢5.23 million), food and beverage (GH¢3.51 million), manufacturing (GH¢2.14 million), and distribution (GH¢1.70 million). The GSE's positive performance adds to its strong year-to-date success, with market indicators maintaining significant gains despite the subdued trading activity.