Access Bank and BOPP lead charge as investors gain GH¢24million in single trading day

Featured

Access Bank and BOPP lead charge as GSE investors gain GH¢24million in single trading day

Kweku Zurek Business News Feb - 26 - 2026 , 16:35

The Ghana Stock Exchange continued its remarkable upward trajectory on Thursday, with the benchmark GSE Composite Index (GSE-CI) vaulting past the 12,500-point threshold for the first time, closing at 12,534.31 points after a gain of 274.78 points.

Trading data for the 7,162nd session, held on February 26, 2026, revealed sustained investor appetite across the bourse, with the GSE Financial Stocks Index (GSE-FSI) also recording a substantial jump of 345.1 points to settle at 7,326.74 points.

Market capitalisation expanded, rising from Wednesday's GH¢225.02 billion to GH¢230.25 billion by the close of trading—a clear signal of renewed confidence in the Accra bourse.

Total volume of shares traded for the session reached 3,931,385, with aggregate value pegged at GH¢24,052,275.72. While this represented a slight dip in volume compared to Wednesday's 4.59 million shares, the consistent upward pressure on prices underscored the bullish sentiment gripping the market.

MTN Ghana dominates trading activity

The telecommunications giant, Scancom PLC (MTNGH), once again emerged as the day's most active counter, accounting for a substantial portion of exchange activity. A total of 2,960,677 shares changed hands, valued at GH¢16,472,990.13. Despite the heavy trading volume, the stock experienced a marginal dip of GH¢0.02, closing at GH¢5.56.

Societe Generale Ghana PLC (SOGEGH) also saw significant activity, with 216,533 shares traded at a closing price of GH¢9.46, reflecting a gain of GH¢0.86. Cal Bank PLC (CAL) recorded the highest volume among financial stocks after MTNGH, with 424,435 shares exchanging hands, though its price eased slightly to GH¢0.90.

Gainers outpace losers as banking stocks shine

The trading session delivered handsome returns for shareholders in several leading institutions. Access Bank Ghana PLC (ACCESS) topped the gainers' chart, appreciating by GH¢3.15 to close at GH¢35.05 from a previous GH¢31.90.

Benso Palm Plantation PLC (BOPP) also rewarded investors with a GH¢6.59 gain, ending the day at GH¢72.60, while GCB Bank PLC (GCB) added GH¢3.12 to its share price, closing at GH¢35.43.

Other notable gainers included Ecobank Ghana PLC (EGH), which rose by GH¢1.06 to GH¢52.10, and Fan Milk PLC (FML), which climbed GH¢0.86 to GH¢13.96. Enterprise Group PLC (EGL) and SIC Insurance Company PLC (SIC) also posted respectable gains, adding GH¢0.50 and GH¢0.32 respectively.

On the flip side, MTNGH was the sole significant decliner among actively traded stocks, shedding GH¢0.02. Several counters remained unchanged, including AngloGold Ashanti (AGA), Aluworks (ALW), and Clydestone (CLYD), among others.

ETF market shows activity

The NewGold exchange-traded fund (GLD) recorded trading activity, with 1,776 units exchanged at a steady price of GH¢533.93, contributing GH¢948,259.68 to total market value.

Year-to-Date performance impresses

The GSE-CI has now gained 0.43 per cent since the start of the year, while the financial stocks index has outperformed with a 0.58 per cent return. Analysts attribute the recent rally to growing investor confidence in the banking sector's resilience and favourable fourth-quarter earnings reports.

The week-on-week performance tells an even more compelling story. Monday opened at 12,004.09 points on a volume of 3.89 million shares, climbing steadily through Tuesday (12,176.92) and Wednesday (12,259.53) before Thursday's surge past 12,500.

Looking ahead

Market watchers will be keenly observing Friday's session to determine whether the bullish momentum can be sustained. With several banking stocks now trading near their year-highs and volumes remaining robust, the GSE appears poised to test new resistance levels in the coming days.

The next trading session will also clarify whether Thursday's gains represent a genuine market re-rating or a temporary spike driven by institutional repositioning ahead of the weekend.

Here is the bulleted list of gainers and losers from Thursday's trading session on the Ghana Stock Exchange: