Karachi: The KSE100 index of the Pakistan Stock Exchange (PSX) experienced a modest increase, closing at 150,016.16 points, representing a day-on-day gain of 837.50 points or 0.56%. Despite this upward movement, the market capitalization of PSX decreased by 0.19%, closing at Rs 16,793.12 billion.

According to JS Global, the KSE30 index remained relatively unchanged at 45,486.46 points with a minor day-on-day points change of -1.03. Year-to-date, the KSE100 index has fallen by 13.81%, while the fiscal year-to-date performance shows an increase of 19.41%. The PSX market capitalization in U.S. dollars now stands at $60.13 billion.

Among the gainers, HGFA led with a 6.13% increase, closing at 14.38, followed by JVDC and MCB with gains of 4.63% and 4.47%, respectively. On the downside, MEHT was the biggest loser with a decline of 5.31%, closing at 235.51. Other notable decliners included PGLC and POML, which fell by 4.76% and 4.32%, respectively.

The trading volume totaled 260.43 million shares, with a value of Rs 17.21 billion or $61.61 million. The Bank of Punjab (BOP) emerged as the volume leader, trading 32.25 million shares, followed by K-Electric Limited (KEL) with 18.08 million shares.

Regionally, mixed performances were observed in Asian markets. While Indonesia's Jakarta Composite Index rose by 1.2%, South Korea's KOSPI saw a significant 1.6% gain. In contrast, China’s Shanghai Stock Exchange Composite Index (SSEA) fell by 0.9%.