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Home Uncategorized

PSX increases by 172 points to regain 45,000 points level

MM News Staff by MM News Staff
October 4, 2021
Reading Time: 1 min read
The benchmark KSE-100 index remained range-bound

The benchmark KSE-100 index remained range-bound

KARACHI: The Pakistan Stock Exchange (PSX) witnessed an upward trajectory on the first day of the week as the KSE-100 index regained the 45,000 points mark.

The benchmark KSE-100 index remained range-bound, moving between an intra-day high and low of 45,105.04 and 44,561.82 points before finishing off Monday’s session with a gain of 172.8 points, or 0.39%, at 45,044.50.

Among other indices, the KMI-30 Index has gained 268.57 points to end at 72,471.91, while the KSE All Share Index increased by 150.43 points, closing at 30,844..02. During the session, shares of 545 listed companies were traded. At the end of the session, 348 stocks closed in the green, 192 in the red, and 5 remained unchanged.

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Volumes remained unchanged at 267.2 million shares (+0.1% day-on-day). Meanwhile, the average traded value also increased by 12% to reach $59.1 million against $52.8 million.

Telecard Limited was the volume leader with 25.7 million shares, gaining Rs1.34 to close at Rs19.19. It was followed by WorldCall Telecom with 21.6 million shares, gaining Rs0.15 to close at Rs2.93, and Summit Bank with 14.7 million shares, gaining Rs0.34 to close at Rs2.94.

Among these 545 scrips, those that contributed positively to the index included TRG Pakistan (+49 points), Searle (+39 points), Colgate-Palmolive (+17 points), Avanceon (+17 points) and Engro Corporation (+16 points).

On the flip side, stocks that contributed negatively were Pakistan Petroleum (-23 points), Lucky Cement (-21 points), Pakistan Oilfield (-12 points), Fauji Fertilizer Company (-11 points) and Cherat Cement (-8 points).

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