Market Capitalisation increased sharply early this week recording GH¢251 billion resulting in a return of about 56.60% turnover to investors
Data published on Tuesday March 3, 2026, showed that trading on the Ghana Stock Exchange (GSE) closed strongly, with the country’s leading telecom operator, MTN Ghana dominating the turnover.
The data showed that there has been an overall market growth for the period as compared to same time last year with the local market recording GH¢251.02 billion.
Despite the strong rally, trading activity softened with total volume traded falling by 79.62% to 4.92 million shares, while total value traded declined by 72.18% to GH¢39.30 million.
MTN Ghana led by volume, recording 3.09 million shares worth GH¢17.83 million, accounting for 45.36% of total turnover followed by Societe Generale, Ghana, Enterprise Group and GCB Bank.
On the gainers’ chart, Standard Chartered Bank Ghana and Enterprise Group led performance with Standard Chartered Bank Ghana recording GH¢4.29 to close at GH¢47.24, while Enterprise Group gained GH¢4.00 to settle at GH¢57.00.
Other stocks posting notable gains included Ecobank Ghana, GOIL, SIC Insurance Company, Unilever Ghana and MTN Ghana as the market recorded no declines at the close of day.
Meanwhile, AngloGold Ashanti is expected to pay a Q4 2025 dividend of $1.73 per share on March 27, 2026, while MTN Ghana will pay a final dividend of GH¢0.40 per share for the 2025 financial year on April 10, 2026.
Financial analysts have suggested that sustained foreign participation and targeted accumulation in fundamentally strong equities could continue to support the indices in the near term, barring major macroeconomic shocks.
By Ebenezer K. Amponsah