GSE Indices Fall as MTN, GCB Drive Heavy Session Volume

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Ghana’s stock market closed lower on Tuesday, March 31, 2026, with both main indices recording declines as trading volume surged sharply against the previous session.

The GSE Composite Index (GSE-CI) dropped 35.43 points to close at 13,060.13, down from 13,095.56 on Monday. The GSE Financial Stocks Index (GSE-FSI) fell more sharply, shedding 208.23 points to end at 7,986.84, from 8,195.07 the prior session. Year-to-date, the GSE-CI is up 0.49% and the GSE-FSI has gained 0.72% since January 1.

Trading activity picked up considerably, with 6,522,556 shares changing hands for a combined value of GH¢39.03 million, compared to 2,162,178 shares worth GH¢11.80 million on Monday. Market capitalisation settled at GH¢243,727.50 million.

Scancom PLC (MTNGH) dominated the session by volume, accounting for 5,425,723 shares traded at an average closing price of GH¢5.40, up GH¢0.12 from the previous close. The stock traded between GH¢5.28 and GH¢5.50 during the session. GCB Bank PLC was the most active by value, with 233,976 shares traded at GH¢27.06 per share — a decline of GH¢2.99 — generating over GH¢6.33 million in turnover.

Among decliners, SIC Insurance Company PLC fell GH¢0.04 to close at GH¢3.30, with 369,243 shares traded. Enterprise Group PLC shed GH¢0.23 to GH¢11.77, while Ecobank Transnational Inc. dropped GH¢0.14 to GH¢1.49 on 179,058 shares. Societe Generale Ghana PLC eased GH¢0.18 to GH¢6.49 on 23,788 shares.

Cocoa Processing Company PLC was among the few gainers, advancing GH¢0.01 to GH¢0.11 on 13,785 shares. The NewGold Exchange Traded Fund held steady at GH¢546.00 on 279 units traded.

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