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KARACHI: The Pakistan Stock Exchange (PSX) has regained its momentum today (Tuesday) as the benchmark index gained more than 147 points.
Accumulating 459.47 points in early trade, the benchmark KSE-100 Index recorded its intraday high at 40,964.22. It settled higher by 147.92 points at 40,652.67.
Among other indices, the KMI-30 Index gathered 339.77 points to end at 64,867.40, while the KSE All Share Index added 77.32 points, closing at 28,490.01. The overall market volumes fell from 181.41 million shares in the previous session to 150.33 million shares.
The average traded value also declined from $49.9 million to $40 million. TRG Pakistan Ltd (TRG +0.27pc), BankIslami Pakistan Ltd (BIPL -1.09pc) and Soneri Bank Limited (SNBL +1.12pc) led the volume chart, exchanging 9.91 million, 8.77 million and 8.68 million shares, respectively.
Sectors that kept the benchmark index afloat included banking (+92.61 points), oil & gas exploration (+51.58 points) and cement (+22.10 points).
Among the companies, United Bank Ltd (UBL +50.70 points), Pakistan Oilfields Ltd (POL +21.81 points) and Pak Petroleum Ltd (PPL +19.97 pts) remained the top contributors.
The oil and gas exploration sector (+0.82pc in market cap) ended as the session’s top performer, with Mari Petroleum Company Ltd (MARI 1.94pc), POL (2.08pc) and PPL (1.55pc) posting decent gains.