PSX Gains Nearly 1,000 Points on Broad-Based Buying

Date:

KARACHI – Web Desk: Buying interest dominated trading at the Pakistan Stock Exchange (PSX) on Thursday, lifting the benchmark KSE-100 Index by nearly 1,000 points during intraday trade.

Investor activity remained concentrated in automobile assemblers, cement, chemical, commercial banks, fertiliser, oil and gas exploration companies, oil marketing companies, and power generation stocks.

The benchmark KSE-100 Index touched an intraday high of 181,687.19 points before surrendering some gains amid profit-taking. By mid-afternoon, the index was trading at 181,010.24 points, up 995.31 points or 0.55% from the previous close of 180,014.93. It slipped to an intraday low of 180,626.92 during the session.

Market participation remained healthy, with 189.26 million shares changing hands valued at Rs 17.63 billion.

admin
adminhttps://dailyeveningnews.pk
Daily Evening News is a trusted digital news platform delivering breaking news, latest updates, and in-depth coverage from Pakistan and around the world. We are committed to accurate, timely, and unbiased journalism, keeping our readers informed about politics, business, sports, technology, entertainment, and current affairs

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

California recognises Eidul Fitr, Eidul Azha as official holidays

California has formally recognised Eidul Fitr and Eidul Azha...

Aagha Ali marks 11 years of “Akhiyaan Num Num”

The actor and singer revisited the song’s journey and...

Pakistan will respond to any Afghan destabilisation attempt: Tarar

Information Minister Attaullah Tarar says Pakistan seeks peaceful coexistence...

Blast destroys hotel in Balochistan’s Mastung, damages nearby houses

The Madina Hotel in Khadkocha was completely destroyed, while...