MTN Ghana dominated trading on the Ghana Stock Exchange during the week, emerging as the clear leader in both value and volume traded, as activity remained concentrated in a narrow group of equities.
The telecoms giant recorded GH¢17.32 million in value traded and 2.65 million shares exchanged, placing it far ahead of all other listed stocks and reinforcing its central role in driving weekly market liquidity.
Behind MTN, the next most actively traded stocks by value were GLD, which recorded GH¢3.42 million, and ETI, which posted GH¢1.69 million in turnover. These figures highlight a sharp drop-off between MTN and the rest of the market.
On the volume side, ETI ranked second with 1.14 million shares traded, followed by CAL Bank with 922,117 shares, while HORDS and GOIL completed the top five volume list with 146,045 and 88,178 shares respectively.
The broader sector breakdown shows ICT firmly in control of market activity, accounting for GH¢17.33 million in total value traded, significantly ahead of the financial sector (GH¢3.98 million) and ETFs (GH¢3.42 million).
Other sectors, including distribution, mining, insurance, agriculture, food and beverage, and manufacturing, recorded comparatively modest participation, each contributing less than GH¢2 million in weekly value traded.
Overall, the data points to a market structure that remains heavily concentrated, with ICT stocks, led overwhelmingly by MTN Ghana, continuing to dictate liquidity trends, while the rest of the market trades at significantly lower intensity.
Despite this concentration, the exchange continues to reflect strong year-to-date performance across key indices, supported by earlier gains in both financial and telecom stocks.
However, the latest weekly pattern suggests a market increasingly driven by a small number of active counters rather than broad-based participation across sectors.
