The Pakistan Inventory Trade (PSX) closed the week on a constructive observe with the benchmark KSE-one hundred index gaining 565 factors to shut at forty one,064 on Friday.
The index confirmed a slender vary of exercise through the first half of the session. Nevertheless, the market gained momentum within the second half and hit a day’s excessive of forty one,one hundred fifteen factors.
It had hit a day’s low of forty,453 factors, down forty six factors after the session’s graduation.
Topline Securities, in an evaluation word, stated that the market regained momentum from the onset of the second-half of the session the place the oil sector led preliminary good points. Subsequently, all key sectors, together with monetary and cement traded and closed greater on reported native and the worldwide excessive-internet-value shopping for.
A complete of one hundred fifteen.5 million shares value Rs6.eight billion have been traded on the broader market. Of the 353 traded scrips, 245 gained in worth, 89 declined and 19 remained unchanged.
The communication sector dominated buying and selling with 25.6m shares traded; the engineering sector adopted with eleven.6m shares traded.
WorldCall Telecom: 14.5m shares traded [+2.06pc];
Pak Elektron: 10.1m shares traded [+4.99pc];
TRG Pak Ltd: 7.3m shares traded [+4.39pc];
Azgard 9: four.6m shares traded [+3.10pc];
Inter.Metal Ltd: four.6m shares traded [+4.93pc].
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