Pakistan Stock Exchange (PSX) continued its Bullish trend on Friday, with the Benchmark KSE-100 index getting 489.75 points, the current index of 131,176.40-one increase of 0.37% during trading within day.
The index reached an intraday height of 131,411.40 and a low level of 130,716.10 during the trade session.
Trade volume amounted to 73.6 million shares with a total value of over DKK 7.7 billion. Rs, which reflects lasting purchase activity across different sectors.
Friday’s session followed a similar bullish trend seen the previous day when the index closed at 130,686.65.
Earlier on Thursday, the KSE-100 index expanded its upward course to close at a new highlight of all the time with the addition of 342.63 points.
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The rally was led by index -heavy sectors, especially oil and gas, bank and power. However, the total trade remained mixed.
Among larger triggers, Pakistan’s currency reserves jumped $ 5.1 B to $ 14.5B at the end of FY25.
“Shares closed higher at a new high highlight after the government cut NSS (National Savings Scheme) prices, which will push investors against shares and the State Bank’s Forex reserves hit $ 14.5b,” said Arif Habib Corp MD Ahsan Mhanti.
ARIF HABIB LIMITED (AHL) reported that the KSE-100 index experienced two-way volatility around the 130,000 level, but it managed to keep the key level close.
About 53 shares went on while 46 fell. The most important contributors to the index gains were the oil and gas development company (+2.77%), UBL (+1.32%) and hub power (+2.26%).
On the flip side, the largest Laggards Bank Al Habib (-4.14%), MCB Bank (-2.46%) and Meezan Bank (-1.6%) were, it says.
Worldcall Telecom was the volume leader with trading in DKK 49.5 million. Shares, falling RS0.02 to close on RS1.59.
It was followed by Image Pakistan with $ 36.7 million. Shares, rising RS2.87 to close on RS32.47 and Bank of Punjab with DKK 35.1 million.
Foreign investors sold shares worth RS909m, National Clearing Company reported.
