PSX Turns Bullish, Gains Over 1,421 Points
Pakistan Stock Exchange (PSX) witnesses positive trend
The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) experienced a bullish trend on Tuesday, gaining 1,421.67 points, representing a 0.85% increase, to close at 169,392.33 points. This was against the previous session’s close of 167,970.66 points.
Market Overview:
- Trading Volume: 372.016 million shares (down from 570.472 million in the previous session)
- Traded Value: Rs17.210 billion (a decrease from Rs24.672 billion)
- Market Capitalization: Rs18.857 trillion (up from Rs18.728 trillion)
Out of 494 companies that traded, 280 saw gains, 166 suffered losses, and 48 remained unchanged, indicating a generally positive market sentiment.
Top Gainers:
- Pakistan Services Limited: Rs95.17 (closed at Rs1,291.39)
- Sapphire Fibres Limited: Rs32.31 (settled at Rs1,064.44)
Top Losers:
- Unilever Pakistan Foods Limited: Rs174.51 (closed at Rs23,934.71)
- Buxly Paints Limited: Rs75.11 (Rs676.02)
Futures (DFC) Market:
- Turnover: 100.221 million shares
- Traded Value: Rs6.330 billion (down from Rs8.070 billion)
Of the 311 companies traded, 208 advanced, 94 declined, and 9 remained unchanged.
