PSX closes week above 78,000-level

KARACHI: The Pakistan Stock Exchange’s KSE-100 Index ended Friday’s trading session at 78,225.98, marking an increase of 485.68 points, or 0.62 per cent.

Throughout the day, the index exhibited a positive trend, reaching an intraday high of 78,434.16 points (+693.86) and a low of 77,926.53 points (+186.23).

The total trading volume for the KSE-100 Index stood at 203.30 million shares.

Among the 100 companies listed on the index, 60 saw gains, 29 experienced declines, 10 remained unchanged, and one was untraded. Leading gainers included CNERGY (+15.94 per cent), NRL (+10.00 per cent), ATRL (+8.88 per cent), NATF (+7.41 per cent), and YOUW (+4.67 per cent).

Conversely, the top decliners were PSEL (-4.74 per cent), JVDC (-4.20 per cent), PIOC (-2.76 per cent), DGKC (-1.55 per cent), and KOHC (-1.42 per cent).

Key contributors to the index’s rise were HUBC (+79.45 points), HBL (+49.03 points), UBL (+47.28 points), OGDC (+41.05 points), and ATRL (+40.82 points). On the downside, BAHL (-28.81 points), PSEL (-25.99 points), DAWH (-20.37 points), MCB (-19.43 points), and MTL (-18.25 points) were the major detractors.

Sector-wise, the index gained support from Power Generation & Distribution (+103.40 points), Oil & Gas Exploration (+95.57 points), Refinery (+88.73 points), Commercial Banks (+64.63 points), and Food & Personal Care Products (+61.88 points).

However, it faced pressure from sectors such as Miscellaneous (-30.86 points), Automobile Assembler (-24.15 points), Cement (-20.55 points), Investment Banks/Companies/Securities Companies (-16.56 points), and Property (-7.05 points).

In the broader market, the All-Share Index closed at 49,751.28, up by 389.54 points, or 0.79 per cent. The total market volume was 443.48 million shares, a significant increase from the previous session’s 278.99 million.

The traded value reached Rs20.50 billion, reflecting an increase of Rs7.40 billion. There were 224,833 trades recorded across 439 companies, with 235 stocks advancing, 142 declining, and 62 remaining unchanged.

Interbank closing: PKR appreciates by 16.4 paisa against USD