PSX Closing Bell: Expounded Aspirations

The index increased by 14.14 points, or 0.02%, to close at 56,680.07 points.

The Morgan Stanley Capital International (MSCI) semi-annual index review, which did not result in any favorable revisions for Pakistan, however, somewhat disappointed the market.

Additionally, the nation's weight in the FM100 index decreased, going from 3.2% to roughly 2.9%.

The index ranged 413.63 points during today's trading session, with an intraday high of 56,846.68 (+180.74) points and a low of 56,433.05 (-232.88) points.

Even if the session's movement was somewhat less erratic, trading activity was nevertheless rather high.

The KSE-100 Index had a total volume of 306.792 million shares.

Out of the 100 index companies, 20 stayed untraded, 2 were unchanged, 40 closed up, and 38 finished down.

Oil and Gas Exploration Companies (118.27), Oil and Gas Marketing Companies (85.36), Food & Personal Care Products (29.65), Refinery (25.93), and Cable & Electrical Goods (14.41) were the sectors that supported the KSE-100 index.

Companies PSO (68.63), OGDC (62.42), PPL (56.52), UNITY (18.76), and ATRL (17.73) were the ones who added points to the index.

Commercial Banks (99.43), Power Generation & Distribution (67.83), Cement (57.67), Automobile Assembler (43.74), and Fertilizer (23.37) were the industries that performed poorly on the KSE-100 Index.

HUBC with 92.95 points, BAHL with 44.7, MTL with 42.15, MCB with 37.61, and EFERT with 36.45 points were the companies that pulled the index lower.

With a net gain of 126.42 points, the All-Share index closed at 37,669.26 in the overall market.

A total of 357 entities reported 263,656 deals, of which 194 ended in a profit, 146 in a loss, and 17 remained unchanged.

Reaching 661.624 million shares, the total market volume reached its highest level since July 01, 2021.

Additionally, the traded value demonstrated a DoD growth of Rs4.81 billion, reaching a two-year high of Rs24.35 billion.