KARACHI: The Pakistan Stock Exchange (PSX) today (Monday) managed to close the last session of the month in green despite early hiccups.
The benchmark KSE-100 index moved within a narrow range, touching its intraday low at 40,669.85 (-137.24 points) and high at 41,115.10 (+308.01 points). It settled higher by 261.73 points at 41,068.82.
Among other indices, the KMI-30 Index accumulated 586.39 points to close at 66,318.10, while the KSE All Share Index gained 129.85 points, ending at 28,849.45.
The overall market volumes declined from 397.8 million shares in the previous session to 388.6 million shares (-2 percent). Average traded value, however, increased by 7 percent, from $82.5 million to $88.2 million.
Sectors that kept the benchmark index afloat included technology & communication (+57.32 points), oil & gas marketing (+49.34 points) and banking (+40.34 points).
Adding 3.75pc to its cumulative market capitalization, the refinery sector ended as the session’s top performer, with Byco Petroleum Pakistan Ltd (BYCO +1.42pc), Pakistan Refinery Ltd (PRL +4.25pc), National Refinery Ltd (NRL +7.50pc) and Attock Refinery Ltd (ATRL +5.00pc) posting decent gains.
The performance of global equity markets remained mixed, whereas crude oil prices dipped lower from the previous close; WTI crude price dropping 1.60pc to $44.80 while Brent crude price falling 1.80pc to $47.38.
