PSX Continues Bullish Momentum, Gains 441 Points

PSX Shares Surge 700 Points Ahead of SBP Decision

The Pakistan Stock Exchange (PSX) extended its bullish trend for the second consecutive day on Friday, with the KSE-100 Index surging 441 points to settle at 115,536.16, up from 115,094.23 in the previous session.

During the trading session, the market recorded a 0.38% increase, reaching an intraday high of 115,730.98 points, while the lowest level stood at 115,162.69 points.

Trading Activity:

  • Shares Traded: 205.47 million
  • Market Value: Rs. 15.88 billion
  • Total Companies Traded: 435
    • Advancers: 195
    • Decliners: 169
    • Unchanged: 71

Key Sectors Driving Growth:
Investor interest was strong in automobile assemblers, cement, commercial banks, oil and gas exploration, OMCs, and refineries.

Major Gainers:
HBL, UBL, MEBL
HUBCO, OGDC, PSO, SSGC
ARL, MARI

Meanwhile, the Pakistani rupee remained stable against the US dollar in early trading within the inter-bank market on Friday.

 

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