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KARACHI: The Pakistan Stock Exchange (PSX) on Thursday witnessed a volatile session with the benchmark KSE-100 index gaining 203 points to close up 0.44 percent.
The KSE-100 opened the session on a positive note, however, frequent dips were witnessed at regular intervals. Nonetheless, bulls dominated most of the sessions as investors also cheered the easing of COVID-related restrictions in the country.
The benchmark hit a day’s high of 46,958.37 and day’s low of 46,623.41. At close, the benchmark KSE-100 index finished with a gain of 203.74 points to close at 46,920.46 points.
Sectors contributing to the performance included technology (+90 points), exploration and production (+49 points), banks (+42 points), textile (+29 points) and vanaspati (+20 points).
During the session, shares of 518 listed companies were traded. At the end of the session, 275 stocks closed in the green, 222 in the red, and 21 remained unchanged.
Meanwhile, volumes increased from 332.8 million shares to 405.2 million shares (+22% day-on-day). The average traded value also increased from U$68 million to reach $98.2 million (+44% day-on-day).
Individually, major gainers were TRG (+101 points), Oil and Gas Development Company (+25 points), Pakistan Petroleum (+23 points), Unity Foods (+20 points) and Faysal Bank (+17 points).
On the flip side, major losers were AGP (-11 points), Meezan Bank (-9 points), Lucky Cement (-7 points), Systems Limited (-7 points) and Millat Tractors (-7 points).
