The benchmark KSE-100 index closed Wednesday’s trading session at 78,275.65, reflecting an increase of 335.07 points or 0.43%. The index remained positive throughout the day, reaching an intraday high of 78,679.50 (+738.92 points) and a low of 77,968.91 (+28.33 points). The total volume of the KSE-100 index was 219.56 million shares.

MARKET PERFORMANCE AND SECTOR ANALYSIS

Out of the 100 index companies, 39 closed higher, 57 closed lower, and 4 remained unchanged. The sectors contributing positively to the index included:

  • Fertilizer: +252.75 points
  • Oil & Gas Exploration Companies: +180.48 points
  • Power Generation & Distribution: +35.87 points
  • Oil & Gas Marketing Companies: +8.37 points
  • Miscellaneous: +6.77 points

Conversely, sectors that negatively impacted the index were:

  • Commercial Banks: -31.16 points
  • Food & Personal Care Products: -29.52 points
  • Refinery: -19.62 points
  • Technology & Communication: -15.88 points
  • Investment Banks/Investment Companies/Securities Companies: -14.24 points

TOP MOVERS

The companies adding significant points to the index were:

  • Fauji Fertilizer Company (FFC): +221.16 points
  • Oil & Gas Development Company (OGDC): +129.16 points
  • Bank AL Habib Limited (BAHL): +76.77 points
  • Pakistan Petroleum Limited (PPL): +34.66 points
  • Engro Fertilizers (EFERT): +24.67 points

Meanwhile, the companies dragging the index down included:

  • Habib Bank Limited (HBL): -48.56 points
  • Nestlé Pakistan: -17.49 points
  • Meezan Bank Limited (MEBL): -16.11 points
  • National Bank of Pakistan (NBP): -12.32 points
  • Mughal Iron & Steel Industries: -11.7 points

BROADER MARKET OVERVIEW

In the broader market, the All-Share index closed at 49,314.22, showing a net gain of 67.16 points. The total market volume was 469.76 million shares, up from 292.19 million in the previous session, with a traded value of Rs19.78 billion, an increase of Rs8.36 billion.

A total of 207,513 trades were reported across 454 companies, with 149 closing higher, 248 closing lower, and 57 remaining unchanged.

TOP TEN BY VOLUME (PSX STOCK)

  1. WorldCall Telecom Limited (WTL): 57,647,948 shares
  2. K-Electric Limited (KEL): 37,639,343 shares
  3. Pakistan Aluminium Beverage Cans Limited (PASL): 31,130,746 shares
  4. Oil & Gas Development Company (OGDC): 27,462,390 shares
  5. Hum Network Limited (HUMNL): 18,174,655 shares
  6. Lotte Chemical Pakistan Limited (LOTCHEM): 16,471,247 shares
  7. TRG Pakistan Limited (TRG): 11,221,016 shares
  8. Pakistan Petroleum Limited (PPL): 11,103,476 shares
  9. Hub Power Company (HUBC): 10,891,866 shares
  10. Cnergyico PK Limited (CNERGY): 10,338,182 shares

MARKET TRENDS

Notably, the KSE-100 index has gained 36,823 points or 88.83% during the fiscal year, and the ongoing calendar year has witnessed a cumulative increase of 15,825 points, equivalent to 25.34%.

ALI

ALI

Experienced Senior Research Analyst

SIKANDER RAZA

SIKANDER RAZA

Sikander Raza, a Senior Technical Analyst

HAMZA SALEEM

HAMZA SALEEM

Hamza Saleem, a Senior Business Analyst

IRSA

IRSA

Irsa Sajjad, as a Research Analyst for Equities

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