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The Pakistan Stock Exchange (PSX) opened the first session of the week on a positive note, as the benchmark KSE-100 inched up 0.29% to settle above the 46,000 level on Monday.
This is the first time the benchmark index has closed over 46,000 points since April 2022 as earlier it had failed to sustain the level.
During the trading session, the benchmark index remained range-bound, swinging between 46,195.7 and 45,872.67.
At close, the KSE-100 settled at 46,054.81 after an increase of 134.08 points or 0.29%.
Sectors lifting the benchmark index higher included, banking (113.31 points), power generation and distribution (28.46 points) and oil and gas marketing (25.56 points).
Volume on the all-share index decreased significantly to 299 million from 504.5 million on Friday. The value of shares traded decreased to Rs8.14 billion from Rs12.01 billion in the previous session.
WorldCall Telecom was the volume leader with 35.8 million shares followed by K-Electric Limited with 32.4 million shares and Unity Foods Limited with 31.5 million shares.
Shares of 337 companies were traded on Monday, of which 147 registered an increase, 175 recorded a fall and 15 remained unchanged.