The Pakistan Stock Exchange (PSX) continued its upward trajectory for the second straight day on Wednesday, as the KSE-100 Index climbed 515.01 points, closing at 122,761.64, up from 122,246.63 in the previous session.
The market began the day in positive territory, briefly dipped into the red, but quickly rebounded and remained bullish for the remainder of the session. The index touched an intra-day high of 123,256.55 points.
During the day, 220.9 million shares were traded, significantly lower than the previous day’s 804.7 million shares. The total trading value stood at Rs 18.15 billion, compared to Rs 37.61 billion on the prior trading day.
A total of 471 companies took part in trading. Out of these, 273 recorded gains, 161 saw declines, while the share prices of 37 companies remained unchanged.
Positive activity was seen across several key sectors, including automobile assemblers, commercial banks, fertilisers, oil and gas exploration companies, OMCs, and refineries. Major index movers that traded in the green included NRL, MARI, PPL, SSGC, MEBL, NBP, and UBL.
