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KARACHI: Positive sentiments prevailed at the Pakistan Stock Exchange (PSX) on the third trading session of the week as the KSE 100 index gained 514.17 and closed at 40,317.53 points.
Overall market volumes surged from 174.70 million shares in the last session to 213.11 million shares. Shares worth Rs 9.67 billion were traded on Wednesday. Fauji Fertilizer Bin Qasim Limited Right shares (FFBLR -12.97%), TRG Pakistan Limited (UNITY +6.16%) and Unity Foods Limited (UNITY -1.65%) witnessed the highest volumes.
The scrips had 28.57 million shares, 21.16 million shares and 20.84 million shares traded, respectively. Sectors painting the KSE 100 index in green included Oil and Gas Exploration sector (272.33 pts), Banking sector (88.70 pts) and Technology and Communication sector (81.16 pts).
Company-wise, Pak Petroleum Limited (PPL 91.21 pts), Oil and Gas Development Company Limited (OGDC 86.22 pts) and Pakistan Oilfields Limited (POL 63.95 pts) were top points contributors.
The Oil and Gas Exploration sector closed as the top gainer with an addition of 6.18% in its total market capitalization. Oil and Gas Development Company Limited (OGDC 6.56%), Mari Petroleum Company Limited (MARI 3.60%), Pakistan Oilfields Limited (POL 6.15%) and Pak Petroleum Limited (PPL 7.50%) all closed positive.
