PSX climbs 150 points yet remains under 80,000 mark

KARACHI: The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index closed Thursday’s trading session at 79,992.35 points, marking a gain of 150.80 points, or 0.19 per cent.

During the session, the index fluctuated within a range of 405.85 points, reaching an intraday high of 80,114.72 points and a low of 79,708.87 points. The total trading volume for the KSE-100 Index was 154.20 million shares.

Out of the 100 companies on the index, 38 recorded gains, 60 saw declines, and 2 remained unchanged.

The sectors that bolstered the index included Power Generation & Distribution, contributing 161.11 points; Fertilizer, adding 90.85 points; Technology & Communication, with 60.77 points; Textile Composite, contributing 9.77 points; and Paper & Board, adding 6.14 points.

Key contributors to the index’s rise were HUBC, which added 165.70 points; FFC, contributing 77.74 points; SYS, adding 72.77 points; HBL, with 37.17 points; and NBP, which added 23.99 points.

In the broader market, the All-Share Index closed at 51,057.95 points, reflecting a net gain of 56.57 points, or 0.11 per cent. The total market volume was 389.02 million shares, down from 495.91 million in the previous session, while the traded value stood at Rs20.92 billion, a decrease of Rs1.19 billion.

There were 242,965 trades reported across 444 companies, with 180 closing higher, 212 declining, and 52 remaining unchanged.

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