PSX gains 5,702 points
ISLAMABAD: The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) on Wednesday turned around to bullish trend, gaining 5,702.68 points, a positive change of 3.29 percent, to close at 178,853.10 points compared to 173,150.42 points on the previous trading day, according to PSX data.
During the session, the ready market recorded a trading volume of 697.682 million shares with a traded value of Rs 49.992 billion, against 716.035 million shares valuing Rs 40.471 billion in the previous session. Market capitalization increased to Rs 20.227 trillion from Rs 19.666 trillion a day earlier.
Out of 484 active companies in the ready market, 334 advanced, 103 declined, and 47 remained unchanged.
K-Electric Limited topped the volume chart with 116.966 million shares, followed by The Bank of Punjab with 71.110 million shares and Pak Petroleum with 27.579 million shares.
The top gainers included PIA Holding Company LimitedB, which rose by Rs 183.00 to close at Rs 18,335.00, and Unilever Pakistan Foods Limited, which gained Rs 150.00 to settle at Rs 26,655.00.
On the losing side, Hoechst Pakistan Limited declined by Rs 142.41 to close at Rs 4,352.59, while Khyber Textile Mills Limited fell by Rs 46.98 to close at Rs 1,613.00.
In the futures market, turnover stood at 164.954 million shares with a traded value of Rs 13.111 billion, compared to 227.556 million shares worth Rs 12.657 billion in the previous session.
Out of 322 futures-market companies, 285 recorded gains, while 35 declined and two remained unchanged. Staff Report
