Accra: The Ghana Stock Exchange (GSE) ended the week on a positive note, with market capitalisation and the benchmark indices recording gains despite a sharp decline in both trading volume and value. Market capitalisation increased by 1.43 per cent to GHS288.90 billion for the week ended August 14, 2026, from GHS284.84 billion the previous week. The GSE Composite Index (GSE-CI) also advanced by 0.79 per cent to 15,307.71 points, while the GSE Financial Stocks Index (GSE-FSI) rose by 1.19 per cent to 8,116.98 points.
According to Ghana Web, the gains came against a marked slowdown in market activity, with total volume traded falling by 22.16 per cent to 10.06 million shares from 12.92 million shares in the preceding week. Value traded also dropped sharply by 46.14 per cent to GHS31.35 million, compared with GHS58.20 million recorded in the previous week. The performance nevertheless reflected broad price appreciation among several listed equities, with pharmaceutical company DAS Pharma emerging as the week's strongest gainer. DAS Pharma rose 55.77 per cent, from GHS0.52 to GHS0.81, while Digicut increased 44.44 per cent from GHS0.09 to GHS0.13.
Clyd also recorded a strong performance, gaining 32.92 per cent to close at GHS6.50, from GHS4.89. Hords rose 18.18 per cent to GHS0.65, while SIC Insurance gained 16.70 per cent to GHS5.59. Unilever Ghana advanced 8.47 per cent to GHS32.00, with Ecobank Transnational Incorporated and CalBank gaining 6.78 per cent and 2.63 per cent, respectively. MTN Ghana edged up 0.57 per cent to GHS7.04. On the losing side, Intravenous Infusions Limited (IIL) suffered the biggest decline, falling 13.21 per cent from GHS0.53 to GHS0.46. Benso Oil Palm Plantation (BOPP) declined 2.49 per cent to GHS78.00, Societe Generale Ghana fell 2.33 per cent to GHS5.86, while Access Bank Ghana and Fan Milk Ghana shed 1.25 per cent and 0.75 per cent, respectively. GCB Bank and Allianz Ghana also recorded marginal declines of 0.35 per cent and 0.55 per cent, respectively.
MTN Ghana emerged as the most actively traded stock by value during the week, accounting for GHS15.97 million of transactions. It was followed by Kasapreko Company Limited with GHS2.38 million, GCB Bank with GHS2.02 million, GOIL with GHS1.33 million and BOPP with GHS1.06 million. In terms of volume, IIL led the market with 2.35 million shares changing hands, followed by MTN Ghana with 2.27 million shares. Kasapreko recorded 1.19 million shares, Digicut 1.10 million and CalBank 1.04 million shares. The ICT sector dominated trading by value, recording GHS16.43 million during the week. It was followed by the finance sector with GHS5.23 million, food and beverage with GHS3.51 million, manufacturing with GHS2.14 million and distribution with GHS1.70 million.
The market's overall positive showing adds to its strong year-to-date performance, with the GSE's headline indicators maintaining significant gains for the year. The latest figures show continued strength in equity valuations, even as the relatively lower turnover suggests that the week's advance was achieved on more subdued trading activity.