The Pakistan Stock Exchange (PSX) continued its bullish momentum on Friday, with the benchmark KSE-100 Index surging by 2,696.30 points, a positive change of 1.59 percent. The index closed at 172,399.90 points, up from the previous trading day's close of 169,703.60 points.
Trading Activity and Market Capitalization
During the session, the ready market recorded a trading volume of 890.797 million shares, compared to 771.934 million shares in the previous session. The traded value stood at Rs41.985 billion, up from Rs27.050 billion a day earlier. Market capitalization increased to Rs19.120 trillion from Rs18.877 trillion.
Market Breadth
Out of 488 active companies in the ready market, 282 advanced, 167 declined, and 39 remained unchanged. This indicates strong positive sentiment among investors.
Volume Leaders and Top Performers
Kohinoor Spinning topped the volume chart with 57.747 million shares traded, followed by Bank of Punjab with 33.68 million shares and Sitara Petroleum with 21.66 million shares.
The top gainers included Unilever Pakistan Foods Limited, which rose by Rs68.00 to close at Rs25.868, and Sapphire Fibres Ltd, which gained Rs44.86 to settle at Rs1,147.32.
On the losing side, Khairpur Sugar Mills Ltd declined by Rs14.08 to close at Rs2,420.59, while Kohat Textile Mills Ltd fell by Rs13.49 to close at Rs121.46.
Support for Entrepreneurs
In a separate development, a US-supported masterclass equipped 50 Pakistani entrepreneurs with skills for global digital markets, highlighting efforts to boost the country's digital economy.
