The Ghana Stock Exchange (GSE) market capitalisation has climbed to GHS 290.85 billion. This surge follows a sustained positive performance, pushing the benchmark index further into record territory. The market is now just GHS 9.15 billion shy of the GHS 300 billion milestone.
Renewed buying interest in selected equities fueled this growth. The GSE Composite Index rose by 147.81 points, bringing its year-to-date return to an impressive 74.07%. Gains in major stocks like Tullow Oil, MTN Ghana, Ecobank Ghana, GCB Bank, and Republic Bank significantly supported this broader market rally.
This performance underscores the strength of the equity market's 2026 rally. It has been driven by consistent investor appetite for specific large-cap stocks, improved market sentiment, and stronger corporate earnings expectations. This trend indicates growing confidence in Ghana's economic outlook among investors.
Turnover improved significantly during the recent trading session. Total volume traded increased to 1.92 million shares, valued at GHS 9.48 million. This represents a 13.68% increase in volume and a 63.30% rise in value traded compared to the previous session.
MTN Ghana dominated trading activity, with 824,406 shares traded, valued at GHS 5.76 million. This stock alone accounted for 42.93% of total volume and 60.74% of total market value. MTN Ghana's continued strong performance confirms its position as the most liquid and influential counter on the exchange.
MTN Ghana closed at GHS 6.98, marking a GHS 0.18 increase from its previous closing price. This 2.65% gain pushed the stock to a new year-high. Given its substantial market weight, MTN Ghana's movement provided strong support to the overall GSE Composite Index.
Ecobank Ghana followed as the second-largest contributor to market value. It traded 31,108 shares for GHS 1.18 million, closing marginally higher at GHS 38.05. GCB Bank also contributed materially, with 14,463 shares valued at GHS 627,155.00, and its share price advanced by GHS 0.43 to GHS 43.20.
Republic Bank gained GHS 0.12 to close at GHS 4.20. Hords and Intravenous Infusions also posted strong percentage gains on the Ghana Alternative Market (GAX). Tullow Oil was the session's strongest performer by percentage gain, rising 9.98% after climbing GHS 1.19 to close at GHS 13.11.
Despite the overall bullish tone, four counters ended the session lower. Atlantic Lithium was the worst performer, falling 8.14% after losing GHS 0.62 to close at GHS 7.00. TotalEnergies Marketing Ghana declined 2.93% to GHS 38.83, and Ecobank Transnational Incorporated (ETI) fell 2.50% to GHS 1.95.
Kasapreko also slipped 1.46% to GHS 2.03. Kasapreko remained one of the most actively traded counters, with 244,342 shares valued at GHS 496,601.82. CAL Bank recorded the second-highest volume, with 612,526 shares valued at GHS 484,523.71, closing unchanged at GHS 0.79.
The market's approach towards the GHS 300 billion mark is significant. It signals the growing nominal size of the Ghanaian equities market and the increasing depth of the 2026 rally. Continued gains in heavily weighted counters could push the market past this milestone in the near term.