Closing Bell for PSX: No Turning Back

With an increase of 422.37 points, or 0.81%, the benchmark KSE-100 index kept up its positive trend, closing the day at 52,342.64, edging closer to its all-time high.

Closing Bell for PSX: No Turning Back

This follows yesterday's record-breaking monthly close of 51,920 for the index.

With an intraday high of 52,451.21 (+530.93) and a low of 52,075.16 (+154.89) points, the index was positive throughout the day.

The KSE-100 Index had a total volume of 258.24 million shares.

Thirteen of the 100 index businesses were not traded, while 63 of the companies closed higher.

Power Generation & Distribution (75.69), Commercial Banks (59.37), Cement (52.73), Textile Composite (51.15), and Oil & Gas Exploration Companies (45.37) were the sectors that bolstered the KSE-100 index.

HUBC with 78.48, POL with 33.25, ILP with 31.07, HBL with 29.8, and SYS with 23.1 points were the companies that added points to the index.

Fertilizer (17.01), Miscellaneous (15.36), Refinery (3.94), Transport (1.68), and Auto Parts & Accessories (1.62) were the KSE-100 Index low points.

ENGRO with 31.35, PSEL with 15.74, SHEL with 15.49, UBL with 8.92, and KEL with 8.25 points were the companies that pulled the index lower.

The All-Share index closed at 34,819.38 in the overall market, gaining 261.16 points net.

The total number of shares traded was 526.463 million, up from 455.332 in the previous session. The traded value was recorded at Rs16.51 billion, indicating a rise of Rs0.87 billion.

353 businesses reported 210,945 trades, of which 216 closed up, 119 closed down, and 18 remained unchanged.