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The Ghana Stock Exchange (GSE) Composite Index rose 1.7% to close at 7,162.20 points on Wednesday, extending gains for a third consecutive session.

The advance added GH¢1.35 billion to market capitalization, now standing at GH¢147.9 billion. Financial stocks bucked the trend, with the sector index dipping 0.3% to 3,408.78 points.

MTN Ghana emerged as the day’s dominant player, accounting for 56% of the GH¢1.68 million total traded value. Its shares surged 3.3% to GH¢3.72 on heavy volume of 325,618 transactions. Standard Chartered Bank and TotalEnergies also saw active trading, with SCB shares holding steady at GH¢28.00 on GH¢144,592 worth of trades. Intravenous Infusions led the alternative market (GAX), moving 8,000 shares at GH¢0.04 apiece.

Wednesday’s trading volume reached 581,013 shares, down from Tuesday’s 1.57 million. The benchmark index has gained 121.74 points this week, driven by banking and telecom stocks. Analysts noted sustained interest in blue chips despite thinner volumes ahead of corporate earnings season.



Source: newsghana.com.gh