The Ghana Stock Exchange (GSE) recorded its steepest single-session loss of 2026 on Wednesday as broad-based selling across banking and telecoms counters sent the benchmark GSE Composite Index (GSE-CI) plunging 875.85 points to close at 14,440.81, erasing weeks of accumulated gains in a single session.
The GSE Financial Stocks Index (GSE-FSI) fell in tandem, shedding 321.87 points to settle at 9,085.45. Market capitalisation contracted sharply to GH¢269.90 billion from GH¢284.82 billion recorded at Tuesday’s close, a single-day loss of approximately GH¢15 billion in market value. Year-to-date, the GSE-CI has returned 0.65 percent and the GSE-FSI 0.96 percent since January 1.
Total shares traded in the 7,178th trading session reached 2,351,584, generating turnover of GH¢6,292,958.09.
GCB Bank PLC (GCB) was the session’s biggest loser in cedi terms, tumbling GH¢4.57 to close at GH¢41.20 from GH¢45.77 at the previous close. The sell-off wiped a significant portion from one of the exchange’s highest-valued counters, with 15,131 shares changing hands for GH¢623,397.20.
Scancom PLC (MTNGH) fell GH¢0.59 to GH¢5.91 but remained the most actively traded stock on the board, with 284,788 shares worth GH¢1,685,677.51, the highest value contribution of the session. Ecobank Transnational Inc. (ETI) declined GH¢0.22 to close at GH¢2.00, generating the highest volume at 972,297 shares and GH¢1,944,594 in turnover. SIC Insurance Company PLC (SIC) dropped GH¢0.26 to GH¢3.83, while TotalEnergies Marketing Ghana PLC (TOTAL) shed GH¢2.89 to GH¢36.91 on 3,864 shares traded.
Ecobank Ghana PLC (EGH) fell GH¢0.52 to GH¢50.00, Enterprise Group PLC (EGL) eased GH¢0.11 to GH¢12.00, Fan Milk PLC (FML) lost GH¢0.18 to GH¢13.61, and Republic Bank Ghana PLC (RBGH) declined GH¢0.04 to GH¢5.34. Ghana Oil Company PLC (GOIL) was the only gainer on the day, adding GH¢0.01 to close at GH¢7.86.
Benso Palm Plantation PLC (BOPP) remained the exchange’s second-highest priced equity at GH¢100.00 after 1,513 shares worth GH¢151,500 traded flat. Standard Chartered Bank Ghana PLC (SCB) held at GH¢79.25. No trades were recorded on the Ghana Alternative Market (GAX).
The session followed Tuesday’s post-holiday session, which had already seen the GSE-CI retreat 375 points. The two-day cumulative decline now stands at over 1,250 index points.
