PSX lands in green as benchmark gains 224 points

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The Pakistan Stock Exchange (PSX) on Thursday landed in the green, with the benchmark KSE-100 index gaining 224 points to close at 40,371.

The market showed mixed activity in the first half of the session, hitting a day's low of 40,031 points before adopting an upward momentum for the rest of the day. It hit a day's high of 40,463 near the close of the session.

Volumes soared further, with 239.6 million shares worth Rs9 billion changed hands during the session, compared to 199m shares traded on Wednesday.

A total of 349 companies' shares were traded, out of which 198 advanced, 133 declined, and 18 remained unchanged.

The communication sector dominated trading with 69.5m shares traded, while the engineering and cement sectors followed with 29.8m and 21.6m shares traded respectively.

Volumes were led by:

  • WorldCall Telecom: 55.0m shares traded [+0.34pc];

  • Dost Steels Ltd.: 18.9m shares traded [-4.10pc];

  • TRG Pak Ltd: 12.4m shares traded [+1.04];

  • K-Electric Ltd: 9.4m shares traded [-1.12pc];

  • B.O.Punjab: 9.2m shares traded [+3.69pc].

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