PSX Sees Bullish Turn, KSE-100 Index Gains 276 Points
PSX Bounces Back, KSE-100 Index Gains 276 Points

ISLAMABAD: The benchmark KSE 100-index of the Pakistan Stock Exchange (PSX) returned to bullish territory on Thursday, gaining 276.16 points, a positive change of 0.16 percent, closing at 169,703.60 points against 169,427.44 points on the last trading day.

Market Activity

During the session, the ready market recorded a trading volume of 771.934 million shares with a traded value of Rs27.051 billion, compared to 791.636 million shares valuing Rs25.484 billion in the previous session. The market capitalization increased to Rs18.877 trillion from Rs18.848 trillion a day earlier.

Out of 487 active companies in the ready market, 190 advanced, 250 declined and 47 remained unchanged.

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Top Performers

First National Equities topped the volume chart with 118.361 million shares, followed by Sitara Petroleum with 53.704 million shares and Maple Leaf Cement Factory with 35.476 million shares.

The top gainers included Sapphire Fibres Limited, which increased by Rs100.22 to close at Rs1,102.46, and Tandlianwala Sugar Mills Limited, which gained Rs46.64 to settle at Rs513.04.

Laggards

On the losing side, Khyber Textile Mills Limited declined by Rs50.36 to close at Rs1,464.21, while Blessed Textiles Limited fell by Rs43.19 to close at Rs1,129.29.

Futures Market

In the futures market, turnover stood at 96.483 million shares with a traded value of Rs4.355 billion, compared to 132.666 million shares worth Rs4.494 billion in the previous session.

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