The Pakistan Stock Exchange (PSX) landed flat on Friday, with the benchmark KSE-100 index managing to close positive at 46,639 with a net gain of 77 points over the preceding day.

The index had gained over 550 points within the first few minutes of trading to touch a day's high of 47,144 points, but shed points throughout the day until the session's close.

Both volumes and traded value picked up from Thursday, with over 248 million shares worth Rs14.6 billion traded. Of the 365 active symbols, 171 advanced, 167 declined while 27 closed unchanged.

The chemical sector dominated trading with 38m shares traded, while cement and commercial banking followed with 32.1m and 25.9m shares traded.

Volumes were led by:

  1. Engro Polymer and Chemicals Ltd: 16.3m shares traded [+2.06pc];

  2. Sui Northern Gas Pipe Line Ltd: 12.9m shares traded [+2.93pc];

  3. TRG Pakistan Ltd: 10.7m shares traded [+1.60pc];

  4. Fauji Cement Co Ltd: 10.7m shares traded [+1.63pc];

  5. Pakistan Elektron Ltd: 10.5m shares traded [+0.23pc].

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

Opinion

Editorial

Plugging the gap
06 May, 2024

Plugging the gap

IN Pakistan, bias begins at birth for the girl child as discriminatory norms, orthodox attitudes and poverty impede...
Terrains of dread
Updated 06 May, 2024

Terrains of dread

Restored faith in the police is unachievable without political commitment and interprovincial support.
Appointment rules
Updated 06 May, 2024

Appointment rules

If the judiciary had the power to self-regulate, it ought to have exercised it instead of involving the legislature.
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....