Tag: PSX closing

  • PSX closes at new record high of 86,466 points

    PSX closes at new record high of 86,466 points

    Pakistan Stock Exchange (PSX) opened Tuesday on a positive note and managed stay nearly 600 points up throughout the trading session.

    The benchmark KSE-100 index was seen at its highest level during the day session when it surged to record peak of 86,846.03 points at 9:59 AM after rising by 788 points from its last close of 86,057. This occurred when the volume stood at 36,842,210.

    Interestingly, the lowest point PSX witnessed was also recorded at the opening hour, around 9:30 AM, when the stock market was seen at its lowest point for day, reaching 86,294.69.

    Pakistan Stock Exchange

    Still, throughout the day, the KSE-100 index managed to stay in in the positive territory and ended the second trading session of the week in green with a new record high of 86,466.57.

    The total volume of the KSE-100 index was 415.551 million shares.

    The PSX closed with a gain of 409 points or 0.48 per cent.

    Market summary Details
    Overall performance 63 companies closed up, 34 closed down, 3 were unchanged.
    Top gainers KEL (+13.41%), ATRL (+8.28%), SYS (+7.44%), CHCC (+6.03%), MEHT (+5.19%)
    Top decliners PAKT (-6.18%), PGLC (-5.41%), PIBTL (-4.40%), EPCL (-2.95%), YOUW (-2.42%)
    Index-point contributors (Up) SYS (+174.04 points), LUCK (+62.46 points), HUBC (+51.71 points), ATRL (+48.33 points), KEL (+44.48 points)
    Index-point contributors (Down) FFC (-108.64 points), PAKT (-29.07 points), PSO (-21.78 points), BAHL (-20.80 points), EFERT (-17.23 points)
  • Pakistan Stock Exchange closes 970 points higher, surpassing 80,000-mark

    Pakistan Stock Exchange closes 970 points higher, surpassing 80,000-mark

    The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 index climbed by 1.22 per cent or 970.20 points on Wednesday to close the day in green.

    According to data from PSX, the KSE-100 index settled the trading session at 80,461.33 on second trading day of the week.

    It appears to be a favourable day for the PSX, as the fresh gains have once again pushed the Pakistani stock market above the 80,000-mark.

    Interestingly, the KSE-100 during trading witnessed the peak of 80,587.44, while the lowest level observed during the day was 79,798.75.

    The current closing is about 662.68 points higher than the intraday low and -126.11 lower than the intraday high witnessed during Wednesday’s session.

    It is worth noting that this gain comes after a break of one day as the PSX remained closed for trading due to Eid-Milad-un-Nabi on Tuesday.

    According to PSX data portal, top gainers, in percentage terms, during the day included TRG (+10.01 per cent), MARI (+10.00 per cent), NCPL (+4.33 per cent), PSEL (+4.17 per cent), and PKGP (+4.11 per cent).

    On the other hand, top decliners, in percentage terms, were INIL (-4.09 per cent), THALL (-3.86 per cent), PGLC (-3.85 per cent), CNERGY (-3.12 per cent), and ISL (-2.63 per cent).

  • PSX hits historic high: KSE-100 closes at record-breaking 67,142

    PSX hits historic high: KSE-100 closes at record-breaking 67,142

    Pakistan Stock Exchange’s (PSX) KSE-100 index surged to unprecedented heights in Thursday’s trading, culminating at a historic peak of 67,142.12, marking a substantial uptick of 594.34 points or 0.89 per cent.

    Throughout the trading day, the index demonstrated unwavering positivity, cresting at an intraday zenith of 67,246.03 (+698.24) and a nadir of 66,690.94 (+143.15) points, reflecting robust investor sentiment and confidence in the market’s trajectory.

    Trading activity was buoyant, with the KSE-100 index witnessing a total turnover of 231.314 million shares, underlining robust investor participation and liquidity in the market.

    The stellar performance of the KSE-100 index was underpinned by the commendable contributions of various sectors, notably Commercial Banks, which bolstered the index with 184.39 points, followed by Fertiliser (89.9 points), Cement (85.95 points), Oil & Gas Exploration Companies (49.32 points), and Oil & Gas Marketing Companies (27.36 points).

    Conversely, certain sectors experienced marginal declines, with Leather & Tanneries leading the downturn with 6.69 points, trailed by Transport (2.26 points), Real Estate Investment Trust (0.69 points), Miscellaneous (0.35 points), and Modarabas (0.31 points), albeit their impact remained subdued in the broader market context.

    In parallel, the Pakistani rupee (PKR) demonstrated resilience against the US dollar in the interbank market, appreciating marginally by approximately 1 paisa.

    The currency closed the trading session at PKR 278.03 per USD, exhibiting strength compared to the preceding session’s closure at PKR 278.04 per USD.

    During intraday trading, the rupee reached a peak bid of 278.1 and a trough ask of 278, reflecting stability and confidence in the domestic currency’s valuation.

    In the open market, exchange companies quoted the dollar at PKR 278.04 for buying and PKR 280.41 for selling, indicative of prevailing market dynamics and demand-supply dynamics.