PSX gains over 500 points in early trade 

KARACHI: The Pakistan Stock Exchange (PSX) opened positively on the first trading day after the Eid holidays, with the benchmark KSE-100 index rising by 531.62 points to reach 122,172.62 in early trading. At that point, trading volume stood at 6.15 million shares. 

However, by around 10:20 AM, the index trimmed some of its gains and was recorded at 121,905, still up by 264.6 points, with trading volume rising to 58.26 million shares. 

Based on current levels, the KSE-100 index shows a 65.06 per cent increase over the past year, while the year-to-date (YTD) gain stands at 5.90 per cent. The benchmark has moved within a 52-week range of 71,781.96 to 122,281.58. 

In morning trade, Invest Capital Investment Bank Limited (ICIBL) emerged as one of the top gainers as its share price surged by 21.17 per cent or Rs0.83 to Rs4.75. Apna Microfinance Bank Limited (AMBL) also traded in the green, rising by 0.41 per cent or Rs0.04 to Rs9.75. Another notable gainer was Beco Steel Limited (BECO), which increased by 10.17 per cent or Rs1.00 to Rs10.83. 

On the other hand, among the stocks trading in the red, Pak Leather Crafts Limited (PAKL) dropped by 10.01 per cent or Rs4.02 to Rs36.14. Khyber Textile Mills Limited (KHYT) declined by 10.00 per cent or Rs273.52 to Rs2,461.65. PIA Holding Company Limited B (PIAHCLB) also fell sharply, losing 10.00 per cent or Rs2,879.00 to close at Rs25,910.98. 

Previous session

On Thursday, the benchmark KSE-100 index closed at 121,641.00, down by 157.86 points or 0.13 per cent. 

The index moved within a range of 763.68 points during the session, hitting an intraday high of 122,281.58, up by 482.72 points, and a low of 121,517.90, down by 280.96 points. 

Total traded volume on the index stood at 407.56 million shares. Out of the 100 companies listed on the index, 49 closed in the green, 48 in the red, while 3 remained unchanged. 

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