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].

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

Opinion

Editorial

Dangerous law
Updated 17 May, 2024

Dangerous law

It must remember that the same law can be weaponised against it one day, just as Peca was when the PTI took power.
Uncalled for pressure
17 May, 2024

Uncalled for pressure

THE recent press conferences by Senators Faisal Vawda and Talal Chaudhry, where they demanded evidence from judges...
KP tussle
17 May, 2024

KP tussle

THE growing war of words between KP Chief Minister Ali Amin Gandapur and Governor Faisal Karim Kundi is affecting...
Dubai properties
Updated 16 May, 2024

Dubai properties

It is hoped that any investigation that is conducted will be fair and that no wrongdoing will be excused.
In good faith
16 May, 2024

In good faith

THE ‘P’ in PTI might as well stand for perplexing. After a constant yo-yoing around holding talks, the PTI has...
CTDs’ shortcomings
16 May, 2024

CTDs’ shortcomings

WHILE threats from terrorist groups need to be countered on the battlefield through military means, long-term ...