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Pakistan Stock Exchange on Wednesday continues the positive momentum as the benchmark KSE-100 Index gained 972.93 with a positive change of 0.83%, closing at 117,974.02 against 117,001.09 points on the previous session.
Buying was observed in key sectors including automobile assemblers, cement, commercial banks, oil and gas exploration companies, OMCs, power generation, and refineries. Index-heavy stocks including PRL, NRL, HUBCO, MARI, OGDC, PPL, POL, HBL, MEBL, and NBP traded in the green.
A total of 300,408,655 shares were traded against 449,484,737 share in the previous session, whereas the price of shares stood at Rs.25.081 billion against Rs29.178 billion on the last trading day.
As many as 449 companies transacted their shares in the stock market. 221of them recorded gains and 157 sustained losses, whereas the share price of 71 companies remained unchanged.
The high level of the benchmark KSE-100 Index was recorded at 118,243.63 points while the low at 116,882.80 points during the semi the session.
On the other front, The Pakistani rupee saw marginal improvement against the US dollar, appreciating 0.09% during the opening hours of trading in the inter-bank market on Wednesday.