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KARACHI: Pakistan Stock Exchange (PSX) on Thursday witnessed buying activity as investors opted for value hunting in the early trading hours, marking an intraday high of 39,064.90, up by 274 points. However, economic and political uncertainty kept the investors cautious which led the benchmark KSE-100 index to gain only 40.49 points by the end of the session to settle at 38,831.58.
By the session’s end, the total volumes of the KSE-100 index stood at 92.57mn shares, increased by 14.24% DoD from 82mn shares traded on Wednesday.
Out of 100, shares of 87 companies were traded on Thursday, of which 39 registered an increase, 49 recorded a fall, and one remained unchanged.
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In terms of sectors, most of the positive contributions came from technology, fertilizer, oil & gas exploration, chemical, and refineries.
Meanwhile, the volume leaders on the benchmark index were PPL (13.64mn), TRG (11mn), OGDC (10.99mn), and SNGP (9.12mn).
The scrips which gained the most during the session included: COLG (3.55%), TRG (6.03%), PPL (6.04%), OGDC (4.40%), and SNGP (4.50%).
On the other hand, the stocks that emerged as net losers during the day included RMPL (6%), KTML (3.54%), INDU(2.36%), CHCC (3.1%), and INIL (2.56%).
