The Pakistan Stock Exchange (PSX) closed in the green on Thursday following successive bearish sessions, with the benchmark KSE-100 index gaining 151 points to close at 40,813.

The market opened higher and hovered around the 40,800-mark for most of the session, touching a day's high of 40,886 on the way.

Trading remained low on the market with 96.7 million shares, worth Rs5.02 billion, traded in the session. Of the 336 traded scrips, 149 advanced, 159 declines and 28 remained unchanged.

The textile composite sector dominated trading by a large margin, with over 18.5m shares traded.

Foreign investors and mutual funds were net sellers in the session; however, buying by local insurance and other companies helped the market end on a positive note.

Volumes were led by:

  1. Azgard Nine: 13.5m shares traded [+2.23pc]

  2. TRG Pak Ltd: 7.7m shares traded [+1.42pc]

  3. K-Electric Ltd: 5.8m shares traded [-0.37pc]

  4. Sui North Gas: 5.6m shares traded [-0.74pc]

  5. Sui South Gas: 4.3m shares traded [+2.90pc]

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

Opinion

Editorial

Hasty transition
Updated 05 May, 2024

Hasty transition

Ostensibly, the aim is to exert greater control over social media and to gain more power to crack down on activists, dissidents and journalists.
One small step…
05 May, 2024

One small step…

THERE is some good news for the nation from the heavens above. On Friday, Pakistan managed to dispatch a lunar...
Not out of the woods
05 May, 2024

Not out of the woods

PAKISTAN’S economic vitals might be showing some signs of improvement, but the country is not yet out of danger....
Rigging claims
Updated 04 May, 2024

Rigging claims

The PTI’s allegations are not new; most elections in Pakistan have been controversial, and it is almost a given that results will be challenged by the losing side.
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...