Pakistan Stock Exchange (PSX) on Wednesday witnessed a bullish trend as the benchmark KSE-100 Index gained 960.33 points with a 0.81% positive change, closing at 119,931.45 points against 118,971.12 points in the previous session.
The high level of the stock market during the session was recorded at 120,106.21 points and the low at 119,128.38 points.
A total of 279,144,708 shares were traded during the day as compared to 437,920,561 shares the previous trading day, whereas the price of shares stood at Rs 17.027 billion against Rs 20.811 billion on the last trading day.
As many as 463 companies transacted their shares in the stock market, 287of them recorded gains and 125 sustained losses, whereas the share price of 51 companies remained unchanged.
Positivity was observed in key sectors including commercial banks, oil and gas exploration companies, OMCs, power generation, and refinery. Index-heavy stocks, including HUBCO, NRL, PSO, SNGPL, SSGC, MARI, OGDC, POL, and PPL, traded in green.
On Tuesday, PSX witnessed a negative session, as its benchmark KSE-100 Index closed lower by 700 points at 118,971.12, amid concerns related to the upcoming budget for the financial year 2025-26.