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