The Pakistan Stock Exchange (PSX) landed in the green on Wednesday after a see-saw session with the benchmark KSE-100 index gaining 279 points to close at 43,508 points.

The index opened higher and traded in the positive zone for most part of the day with a few ups and down.

Volumes fell to 111.9 million shares while value stood at Rs5.7 billion. Of the 321 traded scrips, 181 advanced, 119 declined and 21 remained unchanged.

Commercial banking sector again led the trading, today with 25.1m shares traded.

Topline Market Research credited the renewed interest in buying to Finance Minister Shamshad Akhtar shrugging off any concerns about the economy being unmanageable and the increased likelihood of the PML-N government proposed amnesty scheme going ahead.

Volumes were led by:

  1. Bank Of Punjab: 10.1m shares traded [+2.26pc];

  2. Meezan Bank Limited: 7.6m shares traded [+4.99pc];

  3. K-Electric Limited: 7.1m shares traded [-1.94pc];

  4. D. G. Khan Cement Co. Ltd: 5.1m shares traded [-1.39pc];

  5. TRG Pakistan Ltd: 5.1m shares traded [+3.93pc].

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

Opinion

The Dar story continues

The Dar story continues

One wonders what the rationale was for the foreign minister — a highly demanding, full-time job — being assigned various other political responsibilities.

Editorial

Wheat protests
Updated 01 May, 2024

Wheat protests

The government should withdraw from the wheat trade gradually, replacing the existing market support mechanism with an effective new one over the next several years.
Polio drive
01 May, 2024

Polio drive

THE year’s fourth polio drive has kicked off across Pakistan, with the aim to immunise more than 24m children ...
Workers’ struggle
Updated 01 May, 2024

Workers’ struggle

Yet the struggle to secure a living wage — and decent working conditions — for the toiling masses must continue.
All this talk
Updated 30 Apr, 2024

All this talk

The other parties are equally legitimate stakeholders in the country’s political future, and it must give them due consideration.
Monetary policy
30 Apr, 2024

Monetary policy

ALIGNING its decision with the trend in developed economies, the State Bank has acted wisely by holding its key...
Meaningless appointment
30 Apr, 2024

Meaningless appointment

THE PML-N’s policy of ‘family first’ has once again triggered criticism. The party’s latest move in this...