Pakistan Stock Exchange (PSX) opened in green on Thursday and the benchmark KSE-100 Index gained over 900 points in the first 20 minutes of the trading.
At 9:50 a.m., the stock market was trading at 157,083.94 points against 156,177.81 points in the previous closing. The positive change was 0.58%.
Previous session:
The 100-index of the Pakistan Stock Exchange (PSX) witnessed a nominal dip on Wednesday, dropping 3.12 points or 0.00 percent, closing at 156,177.82 points against 156,180.94 points on the previous trading day.
The market saw robust trading activity with 1,499,302,473 shares exchanged, valued at Rs 48.85 billion, compared to 1,356,004,531 shares worth Rs 43.28 billion the previous day.
Overall, 485 companies transacted their shares; 235 posted gains, 219 faced declines, while 31 remained unchanged.
Top trading companies in the ready market by volume included WorldCall Telecom with 137,768,248 shares closing at Rs 1.72, Media Times Ltd trading 94,000,448 shares at Rs 5.86, and Bank of Punjab with 84,069,639 shares at Rs 21.71 per share.
Khyber Textile Mills Limited recorded the highest increase, gaining Rs 222.46 to close at Rs 2,447.05, followed by PIA Holding Company LimitedB which rose by Rs 158.95 to close at Rs 25,158.95.
On the downside, Hoechst Pakistan Limited lost Rs 51.03, closing at Rs 3,946.97, and S.S. Oil Mills Limited dropped Rs 35.06 to settle at Rs 515.84.
In the futures market, trading intensified with 270,465,500 shares valued at Rs 12.44 billion changing hands, up from 243,044,500 shares worth Rs 10.41 billion the previous day.
Among 322 companies, 162 advanced, 156 declined, and 4 remained unchanged.
Leading futures turnover included PACE-SEP with 31,507,500 shares at Rs 10.50, TRG-SEP with 24,304,500 shares closing at Rs 77.89, and DCL-SEP trading 19,877,500 shares at Rs 15.56.
SAZEW-SEPB gained the most in futures, rising by Rs 41.64 to Rs 1,730.88, while PSO-OCT declined by Rs 7.85 to Rs 424.72.
