The Pakistan Inventory Trade (PSX) landed within the inexperienced zone on Thursday, with the benchmark KSE-one hundred Index gaining 364 factors, growing by zero.88 per cent, to shut at forty one,909.
The index opened greater and continued its constructive momentum all through the session. The market’s opening at forty one,544 factors remained the day’s low. The benchmark index hit a day’s excessive of forty one,996 factors close to the shut of the session.
In all, 222.three million shares value virtually Rs8.6 billion modified arms in the course of the session. Of the 360 traded scrips, 196 superior, one hundred forty declined and 24 remained unchanged.
A JS International report stated that institutional participation was witnessed primarily in the primary board shares. The quantity chief in right now’s session was Okay-Electrical (+2.96pc) on the again of expectations relating to improvement in multiyear tariff, the report learn.
The facility era and distribution sector dominated buying and selling with 35.9m shares traded, whereas the communication and cement sectors adopted with 28.8m and 27.4m shares traded, respectively.
Volumes have been led by:
Okay-Electrical Ltd: 34.0m shares traded [+2.96pc];
P.T.C.L: eleven.3m shares traded [+4.73pc];
Engro Polymer: 10.1m shares traded [+3.36pc];
Fauji Cement: 10.0m shares traded [+3.03pc];
Lotte Chemical: eight.7m shares traded [+2.86pc].
Source link
