The benchmark KSE-100 Index concluded Thursday’s trading session at 79,992.35, marking an increase of 150.80 points or 0.19%. The index traded within a range of 405.85 points, hitting an intraday high of 80,114.72 (+273.17) and a low of 79,708.87 (-132.68).
TRADING VOLUME AND COMPANY PERFORMANCE
The total volume of the KSE-100 Index was 154.20 million shares. Out of the 100 index companies, 38 closed up, 60 closed down, and 2 remained unchanged.
SECTOR PERFORMANCE
Top Performing Sectors:
- Power Generation & Distribution (+161.11pts)
- Fertilizer (+90.85pts)
- Technology & Communication (+60.77pts)
- Textile Composite (+9.77pts)
- Paper & Board (+6.14pts)
Underperforming Sectors:
- Oil & Gas Exploration Companies (-46.66pts)
- Cement (-41.55pts)
- Food & Personal Care Products (-19.49pts)
- Oil & Gas Marketing Companies (-17.21pts)
- Commercial Banks (-14.34pts)
KEY CONTRIBUTORS
Positive Contributors:
- HUBC (+165.70pts)
- FFC (+77.74pts)
- SYS (+72.77pts)
- HBL (+37.17pts)
- NBP (+23.99pts)
Negative Contributors:
- PPL (-31.90pts)
- UBL (-28.53pts)
- MCB (-27.07pts)
- PSO (-18.09pts)
- MEBL (-16.68pts)
BROADER MARKET OVERVIEW
The All-Share index closed at 51,057.95 with a net gain of 56.57 points or 0.11%. Total market volume was 389.02 million shares compared to 495.91 million in the previous session. The traded value was recorded at Rs20.92 billion, showing a decrease of Rs1.19 billion. There were 242,965 trades reported in 444 companies, with 180 closing up, 212 closing down, and 52 remaining unchanged.
YEAR-TO-DATE PERFORMANCE
The KSE-100 Index has gained 1,547 points or 1.97% during the fiscal year, while the ongoing calendar year has witnessed a cumulative increase of 17,541 points, equivalent to 28.09%.
TOP TEN BY VOLUME PSX STOCK
- AGL: Closed at Rs 24.24, up 0.41%, with a volume of 22,041,367 shares.
- HUBC: Closed at Rs 163.75, up 3.38%, with a volume of 18,624,585 shares.
- AIRLINK: Closed at Rs 100.64, up 5.92%, with a volume of 16,815,350 shares.
- KEL: Closed at Rs 4.85, down 0.82%, with a volume of 15,544,528 shares.
- PIAHCLA: Closed at Rs 22.70, down 9.49%, with a volume of 13,341,477 shares.
- GCIL: Closed at Rs 12.12, down 9.49%, with a volume of 11,569,963 shares.
- WTL: Closed at Rs 1.22, down 2.40%, with a volume of 10,830,582 shares.
- FFBL: Closed at Rs 38.25, up 1.76%, with a volume of 10,412,317 shares.
- HUMNL: Closed at Rs 11.77, down 1.34%, with a volume of 9,818,379 shares.
- PAEL: Closed at Rs 25.63, up 0.55%, with a volume of 8,821,593 shares.
MARKETS
The Pakistani rupee (PKR) depreciated by 9.86 paisa against the US dollar in Thursday’s interbank session, closing at PKR 278.61 per USD
Gold prices in Pakistan increased on Thursday, with 24-karat gold selling at Rs246,800 per tola, marking a rise of Rs1,200 per tola. Gold (XAU/USD) is trading up almost half a percent, reaching the $2,380s on Thursday, as markets anticipate potential interest rate cuts.
