KARACHI: The Pakistan Stock Exchange (PSX) maintained its positive trajectory on Monday, as the benchmark KSE-100 index gained 572.73 points. The index closed at 115,844.82 points, up 0.5% from the previous session’s 115,272.08.
The market witnessed a turnover of 675.04 million shares, up from 549.58 million shares in the last session. The value of traded shares stood at Rs37.53 billion, compared to Rs35.93 billion previously.
Market Activity Overview
Out of 454 active scrips, 241 recorded gains, 157 faced losses, and 56 remained unchanged.
Top-Performing Companies
- Lotte Chemical led trading volumes with 59.47 million shares, closing at Rs23.23 per share.
- Bank Makramah followed, trading 57.8 million shares at Rs3.4 per share.
- WorldCall Telecom ranked third with 56.89 million shares, closing at Rs1.87 per share.
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Major Gainers
- Hoechst Pakistan Limited saw the highest increase, gaining Rs166.92 to close at Rs2,986.68 per share.
- Colgate-Palmolive (Pakistan) Limited rose by Rs23.9, closing at Rs1,515.49.
Major Losers
- Unilever Pakistan Foods Limited recorded the biggest decline, losing Rs148.5 per share to close at Rs21,849.5.
- Philip Morris (Pakistan) Limited dropped by Rs34.49, settling at Rs698.11 per share.
The PSX demonstrated strong investor confidence, with significant gains in various sectors. Analysts expect the bullish trend to persist, supported by improved market sentiment and increased trading activity.
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