PSX closing: KSE-100 index climbs 335 points

KARACHI: The Pakistan Stock Exchange (PSX) witnessed a positive trading session on Wednesday, with the KSE-100 index closing at 78,275.65 points, marking an increase of 335.07 points or 0.43 per cent.

The index remained buoyant throughout the day, hitting an intraday high of 78,679.50 points (+738.92) and a low of 77,968.91 points (+28.33).

The total trading volume for the KSE-100 index was 219.56 million shares. Out of the 100 companies within the index, 39 closed higher, 57 ended lower, and 4 remained unchanged.

Sector-wise, the KSE-100 index was bolstered by gains in Fertilizer (252.75 points), Oil & Gas Exploration Companies (180.48 points), Power Generation & Distribution (35.87 points), Oil & Gas Marketing Companies (8.37 points), and Miscellaneous (6.77 points).

Conversely, the index was weighed down by losses in Commercial Banks (31.16 points), Food & Personal Care Products (29.52 points), Refinery (19.62 points), Technology & Communication (15.88 points), and Investment Banks/Companies/Securities Companies (14.24 points).

In the broader market, the All-Share index closed at 49,314.22 points, reflecting a net gain of 67.16 points. The total market volume surged to 469.76 million shares, up from 292.19 million in the previous session. The traded value also increased significantly, reaching Rs19.78 billion, an uptick of Rs8.36 billion.

A total of 207,513 trades were reported across 454 companies, with 149 companies closing higher, 248 lower, and 57 remaining unchanged.

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