Pakistan Stock Exchange lands in green, KSE index gains 224 points

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The Pakistan Stock Exchange (PSX) on Wednesday landed in the green, with the benchmark KSE-100 Index gaining 244 points to close at 43,239 points.

The benchmark KSE-100 Index opened higher and hit a day's high of 43,323 points in first few minutes of trading, whereas the commencement of trading at 42,995 points remained the day's low.

In all, 151.36 million shares worth Rs7.1 billion changed hands during the session. Of the 367 traded scrips, 178 advanced, 169 declined and 20 remained unchanged.

Major heavyweights OGDC (+0.56pc), PPL (+2.44pc), ENGRO (+1.75pc), LUCK (+1.97pc) and HUBC (+1.48pc) cumulatively contributed +143 points to the index, a JS Global report read.

Overall, the chemical sector dominated trading with 27.2m shares traded, while the refinery and engineering sectors followed with 16.3m and 14.5m shares changing hands.

Volumes were led by:

  • Byco Petroleum: 15.5m shares traded [+4.38pc];

  • Agritech Limited: 14.6m shares traded [-2.17pc];

  • Azgard Nine: 8.0m shares traded [+5.66pc];

  • Dost Steels Ltd: 7.8m shares traded [-1.89pc];

  • Engro Polymer: 4.8m shares traded [+2.22pc].

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