The Pakistan Stock Exchange's (PSX) benchmark KSE-100 index on Friday snapped a four-day losing streak, gaining 485 points to close at 42,446 points.

Ahead of the prime minister's elections in the National Assembly, the bourse, which had shed almost 700 points in yesterday's session, was bullish as soon as the market opened today, gaining 450 points within the first hour.

When the market resumed after the break, the market's day gains reached as high as 577 points. However, it eventually settled at a positive 485 points for the day — a percentage growth of 1.16 percent.

In all, 111.8 million shares worth Rs6.1 billion were traded at the exchange.

Volumes were led by:

Bank Of Punjab: 39m shares traded

Worldcall Telecom Ltd: 8.4m shares traded

Unity Foods Limited: 7.4m shares traded

Engro Polymer & Chemicals Ltd: 6.5m shares traded

Pak International Airline Corp Ltd: 6.2m shares traded

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

Opinion

Editorial

Rigging claims
Updated 04 May, 2024

Rigging claims

The PTI’s allegations are not new; most elections in Pakistan have been controversial, and it is almost a given that results will be challenged by the losing side.
Gaza’s wasteland
04 May, 2024

Gaza’s wasteland

SINCE the start of hostilities on Oct 7, Israel has put in ceaseless efforts to depopulate Gaza, and make the Strip...
Housing scams
04 May, 2024

Housing scams

THE story of illegal housing schemes in Punjab is the story of greed, corruption and plunder. Major players in these...
Under siege
Updated 03 May, 2024

Under siege

Whether through direct censorship, withholding advertising, harassment or violence, the press in Pakistan navigates a hazardous terrain.
Meddlesome ways
03 May, 2024

Meddlesome ways

AFTER this week’s proceedings in the so-called ‘meddling case’, it appears that the majority of judges...
Mass transit mess
03 May, 2024

Mass transit mess

THAT Karachi — one of the world’s largest megacities — does not have a mass transit system worth the name is ...