Karachi: The Pakistan Stock Exchange (PSX) experienced a modest rise on Tuesday, with its benchmark KSE-100 index climbing by 0.42%, closing at 122,761.64 points. This increase of 515 points reflects a positive market sentiment, driven partly by gains in key sectors.

The KSE-30 index also saw an uptick, rising by 0.27% to close at 37,384.76 points. This performance is attributed to strong showings by companies such as FHAM, which surged by 10% to reach a price of 23.53, and BNWM, which similarly increased by 10% to 74.26.

Market capitalization at the PSX rose by 0.54%, reaching Rs 14,858.64 billion, equivalent to approximately US$ 52.37 billion. The 52-week high for market capitalization is noted at Rs 14,994.46 billion, while the low stands at Rs 10,269.56 billion.

Trading volume was robust, with a total of 749.80 million shares exchanged, valued at Rs 28.03 billion or US$ 98.80 million. Volume leaders included WTL, PRL, and CNERGY, with significant trading activity.

In contrast, some companies experienced declines, with PGLC dropping by 6.18% to a price of 22.00, and SAZEW decreasing by 3.23% to 1,094.77.

Regionally, stock markets showed mixed results. While China’s SSEA index rose by 1.0%, India’s BSESN increased by 0.9%. Indonesia's JKSE, however, saw a decline of 0.5%.

This trading session highlights a continued positive trajectory for the PSX, with year-to-date gains for the KSE-100 index reaching 6.63% for the calendar year and 56.49% for the fiscal year.