The Pakistan Stock Exchange (PSX) landed in the green on Wednesday after a see-saw session with the benchmark KSE-100 index gaining 279 points to close at 43,508 points.

The index opened higher and traded in the positive zone for most part of the day with a few ups and down.

Volumes fell to 111.9 million shares while value stood at Rs5.7 billion. Of the 321 traded scrips, 181 advanced, 119 declined and 21 remained unchanged.

Commercial banking sector again led the trading, today with 25.1m shares traded.

Topline Market Research credited the renewed interest in buying to Finance Minister Shamshad Akhtar shrugging off any concerns about the economy being unmanageable and the increased likelihood of the PML-N government proposed amnesty scheme going ahead.

Volumes were led by:

  1. Bank Of Punjab: 10.1m shares traded [+2.26pc];

  2. Meezan Bank Limited: 7.6m shares traded [+4.99pc];

  3. K-Electric Limited: 7.1m shares traded [-1.94pc];

  4. D. G. Khan Cement Co. Ltd: 5.1m shares traded [-1.39pc];

  5. TRG Pakistan Ltd: 5.1m shares traded [+3.93pc].

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

Opinion

Editorial

Rigging claims
04 May, 2024

Rigging claims

THE PTI claims to have “all the evidence” against what it asserts was a rigged election this February. The party...
Gaza’s wasteland
04 May, 2024

Gaza’s wasteland

SINCE the start of hostilities on Oct 7, Israel has put in ceaseless efforts to depopulate Gaza, and make the Strip...
Housing scams
04 May, 2024

Housing scams

THE story of illegal housing schemes in Punjab is the story of greed, corruption and plunder. Major players in these...
Under siege
Updated 03 May, 2024

Under siege

Whether through direct censorship, withholding advertising, harassment or violence, the press in Pakistan navigates a hazardous terrain.
Meddlesome ways
03 May, 2024

Meddlesome ways

AFTER this week’s proceedings in the so-called ‘meddling case’, it appears that the majority of judges...
Mass transit mess
03 May, 2024

Mass transit mess

THAT Karachi — one of the world’s largest megacities — does not have a mass transit system worth the name is ...