KSE-100 Index Hits Record High of 117,008 Points at PSX
KARACHI: The Pakistan Stock Exchange (PSX) continued its positive momentum on Wednesday, reaching an all-time high of 117,008 points, according to ARY News.
The KSE-100 index gained 1,881.18 points, or 1.63 percent, closing at 117,008 points, up from the previous closing of 115,126.90 points.
Analysts at Topline Securities noted that the market maintained an upward trend, driven by strong buying activity from local institutions. Key stocks contributing to the index’s growth included FFC, LUCK, HUBC, HMB, and MTL, which together added 936 points.
Trading remained active, with a total of 955 million shares exchanged and a turnover of Rs. 46 billion. CNERGY led the volume charts with 71 million shares traded during the session.
A total of 956.3 million shares were traded, compared to the previous day’s turnover of 1,236.9 million shares. The total value of shares traded was Rs. 46.44 billion, up from Rs. 44.22 billion on the last trading day.
Out of 462 active scrips, 258 recorded gains, 161 experienced losses, and 43 remained unchanged.
Top-Trading Companies and Stock Performance
Cnergyico PK led the trading volume with 72 million shares at Rs. 7.66 per share, followed by Pak Int. Bulk with 62.83 million shares at Rs. 9.30 per share.
B.O. Punjab was third with 45.41 million shares, closing at Rs. 10.96 per share.
Top Gainers and Losers
Hallmark Company Limited was the top gainer, with an increase of Rs. 91.47 per share, closing at Rs. 1,006.17. It was followed by Unilever Pakistan Foods Limited, which saw a rise of Rs. 87.17 per share, closing at Rs. 1,187.66.
Hoechst Pakistan Limited saw the biggest decline, dropping Rs. 79.76 per share to close at Rs. 2,720.24, followed by Pakistan Tobacco Company, which decreased by Rs. 54.76, closing at Rs. 1,277.
