The Pakistan Stock Exchange (PSX) closed higher on Wednesday, with the benchmark KSE-100 Index gaining 210 points to close at 41,260.

The index had opened lower, but gathered momentum towards the middle of the session after touching a day's low of 40,971. It eventually climbed to a high of 41,294 points towards the end of the session.

Of the 365 scrips traded in the day, 189 advanced, 142 declined and 34 remained unchanged.

Volumes on the broader market remained low, as only 97.4 million shares worth Rs5.7 billion were traded during the day.

The oil and gas and E&P sectors dominated trading with 15.0m and 14.7m shares traded, respectively.

Volumes were led by:

  1. Sui South Gas: 8.8m shares traded [+3.28pc]

  2. Japan Power: 7.6m shares traded [+17.19pc]

  3. K-Electric Ltd: 5.9m shares traded [+3.56pc]

  4. TRG Pak Ltd: 5.7m shares traded [+2.64pc]

  5. Sui North Gas: 5.5m shares traded [+3.08pc]

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Judiciary’s SOS
Updated 28 Mar, 2024

Judiciary’s SOS

The ball is now in CJP Isa’s court, and he will feel pressure to take action.
Data protection
28 Mar, 2024

Data protection

WHAT do we want? Data protection laws. When do we want them? Immediately. Without delay, if we are to prevent ...
Selling humans
28 Mar, 2024

Selling humans

HUMAN traders feed off economic distress; they peddle promises of a better life to the impoverished who, mired in...
New terror wave
Updated 27 Mar, 2024

New terror wave

The time has come for decisive government action against militancy.
Development costs
27 Mar, 2024

Development costs

A HEFTY escalation of 30pc in the cost of ongoing federal development schemes is one of the many decisions where the...
Aitchison controversy
Updated 27 Mar, 2024

Aitchison controversy

It is hoped that higher authorities realise that politics and nepotism have no place in schools.