PAKISTAN STOCK MARKET SUMMARY TODAY: The benchmark KSE-100 index concluded Thursday’s trading session with a notable increase of 252.61 points or 0.32%, closing at 78,528.25. The index remained positive throughout the day, reaching an intraday high of 78,978.60 (+702.96 points) and a low of 78,294.23 (+18.58 points). The total volume of the KSE-100 index was 137.89 million shares.
MARKET PERFORMANCE
Out of the 100 index companies, 61 closed up, 35 closed down, 3 were unchanged, and 1 remained untraded. The KSE-100 index was bolstered by gains in several sectors:
- Commercial Banks: +67.05 points
- Fertilizer: +50.36 points
- Oil & Gas Exploration Companies: +45.53 points
- Automobile Parts & Accessories: +40.53 points
- Pharmaceuticals: +22.26 points
Conversely, the index faced declines in other sectors:
- Power Generation & Distribution: -15.49 points
- Oil & Gas Marketing Companies: -12.66 points
- Textile Composite: -11.52 points
- Technology & Communication: -6.39 points
- Leather & Tanneries: -5.03 points
TOP CONTRIBUTORS
Companies that positively impacted the index included:
- FFC: +57.69 points
- UBL: +47.54 points
- THALL: +40.53 points
- OGDC: +37.58 points
- MARI: +30.84 points
On the downside, the companies that dragged the index included:
- ENGRO: -42.79 points
- MCB: -41.59 points
- MEBL: -32.50 points
- PPL: -21.48 points
- NPL: -15.01 points
BROADER MARKET OVERVIEW
The All-Share index closed at 49,487.23, gaining 173.01 points or 0.35%. The total market volume was 283.54 million shares, a decrease from the previous session’s 469.76 million shares, while the traded value was Rs11.07 billion, showing a decrease of Rs8.71 billion. There were 155,969 trades reported across 424 companies, with 209 closing up, 150 closing down, and 65 remaining unchanged.
Top Ten by Volume
- WTL: 27,558,409 shares
- KEL: 21,974,252 shares
- OGDC: 16,928,743 shares
- PASL: 15,202,981 shares
- JSBL: 13,366,157 shares
- PTC: 12,361,457 shares
- FABL: 8,965,112 shares
- DFML: 7,386,340 shares
- CNERGY: 6,110,971 shares
- TRG: 5,451,017 shares
YEARLY PERFORMANCE
During the fiscal year, the KSE-100 index has gained 37,076 points or 89.44%. The ongoing calendar year has witnessed a cumulative increase of 16,077 points, equivalent to 25.74%.
DOLLAR TO PKR
The Pakistani rupee (PKR) strengthened by 2.5 paisa versus the US dollar on Thursday during the interbank session, finishing at PKR 278.38 per USD as opposed to PKR 278.4 per USD at the end of the previous session. The currency hit an intraday high (bid) of 278.5 and a low (ask) of 278.25 during the session.
MARKET FOR GOLD
On Thursday, the price of gold went up in Pakistan. The price of a tola of 24-karat gold increased by Rs400 to Rs241,000. The price of 10 grams of 24-karat gold went up to Rs206,619, or an increase of Rs343 per tola, according to the Karachi Sarafa Association. Similarly, a higher price of Rs189,400 per 10 kg for 22-karat gold was documented.
