KARACHI: After a slump yesterday, the Pakistan Stock Exchange (PSX) surged on Thursday to cross the 37,000 points level in intra-day trading.
The benchmark KSE 100 index surged by 322.41 points and closed at 37,001.44 points. The indices gained 110.57 points as trading resumed and continued on an upward trajectory for the rest of the day. The total volume of shares increased to 237.078 million valued at Rs12.126 billion.
The lower bench KSE 30 index gained 163.07 points and closed at 16.056.52 points. The total volume of scripts were 150.45 million. The KMI 30 index surged 825.30 points and ended at 59,888.10 points, while the All-Share Index appreciated by 272.83 and closed at 26,461.91 points.
The top active stocks were JS Bank Ltd (JSBL 12.77%), Maple Leaf Cement Factory (MLCF 1.63%) and Pak Elektron (PAEL 1.84%). The firms traded were 31.676 million, 24.850 million, and 24.115 million respectively.
The sector pushing the KSE 100 index was the cement sector which contributed 65.66 points. The total volume of shares were 402.23 million. The automobile part and accessories saw the highest change in market capitalization at 7.48 percent.