KARACHI: The Pakistan Stock Exchange continued its bullish momentum on Friday to end the weekend on a positive note after the end of political crisis and the upcoming corporate earnings season.
The benchmark KSE 100-index gained 117.11 points (0.25%) and closed at 46,601.54 points. The total volume of share was 168.214 million valued at Rs6.160 billion. The lower bench KSE-30 index gained 6.61 points (0.04%) and closed at 17,906.20 points. The total volume of shares was 142.610 million.
The KMI 30 index increased by 99.45 points (1.17%%) and closed at 75,939.37 points, while the All Share Index gained 166.17 points (0.53%) and closed at 31,473.57 points. The total volume of share traded were 494.859 million at the stock market.
Of the 88 traded companies in the KSE-100 index, 51 closed up, 34 closed down, while 3 remained unchanged. Sectors propping up the index were Fertilizer with 44 points, Commercial banks with 24.6 points, Oil & Gas Exploration Companies with 17.57 points, Investment Banks/Securities with 14 points and Oil & Gas Marketing Companies with 13 points.
On weekly basis, the index recorded a gain of 4.9% or 2,157 points which has been the highest weekly gain since 2020. Total companies traded were 333 compared to 343 from the previous session. Of the scrips traded, 162 closed up, 152 closed down while 19 remained unchanged.
The highest number of shares traded belonged to Cnergyico PK Ltd (CNERGY -0.44%) which traded 71.320 million shares. This was followed by WorldCall Ltd (WTL -0.52%), Ghani Global Holdings Ltd (GGL 1.77%), and Pakistan Refinery Ltd (-2.85%). The number of scrips traded were 31.658 million, 24.974 million, and 17.705 million, respectively.
