PSX sustains upward trend with KSE-100 gaining 842 points

KARACHI: The Pakistan Stock Exchange (PSX) maintained its upward trajectory on Friday, with the benchmark KSE-100 index rising by 842.70 points, as reported by ARY News.

The KSE-100 surged by 842.70 points, or 0.74%, closing at 114,880.49, compared to the previous day’s close of 114,037.79.

A total of 632.03 million shares were traded during the session, down from 675.54 million shares on the prior trading day.

The total value of shares traded reached Rs37.80 billion, compared to Rs30.46 billion on the last trading day.

Read more: Tax Laws Amendment Bill 2024 presented in National Assembly

Out of 445 companies trading shares, 226 recorded gains, 167 saw losses, and 52 remained unchanged.

The top three most traded companies were Cnergyico PK with 61.45 million shares at Rs7.71 per share, Sui South Gas with 57.67 million shares at Rs43.92 per share, and WorldCall Telecom with 33.76 million shares at Rs1.79 per share.

Sapphire Textile Mills Limited saw the highest increase in share price, climbing Rs72.18 to close at Rs1,220, followed by Pakistan Services Limited, which gained Rs24.71 to close at Rs928.98.

On the downside, NRL-FEB saw the largest drop, with a decrease of Rs28.95, closing at Rs266.04, while SAZEW-JANB experienced a decline of Rs17.18, closing at Rs989.92.

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