FLASHNEWS:

Pakistan Stock Exchange Sees Broad Gains; Market Capitalization and Volume Rise

Karachi, The Pakistan Stock Exchange (PSX) witnessed a positive movement in its main indices and market capitalization, indicating a broad gain across several sectors. The trading session concluded with notable increases in the KSE-100, KSE-All Shares, and KSE-30 indices, among others, according to the latest market data.

The Main Board, which consists of 524 listed companies, experienced an increase in market capitalization to PKR 9,265,056,956,432, supported by a traded volume of 303,710,027 shares. The traded value for the session stood at PKR 12,078,150,907. The session closed with 173 advancers and 144 decliners, leaving 19 stocks unchanged out of a total of 336 traded companies.

Conversely, the GEM Board, with only three listed companies, showed no trading activity for the day, with the total market capitalization at PKR 2,347,462,398.

In the debt securities sector, the number of publicly issued debt securities stood at 13, with a total issue size of PKR 60,000,000,000. The privately placed debt securities market was more active, with 23 listed securities and a total issue size reaching PKR 513,013,300,000. Additionally, there were 232 listed open-end mutual funds and eight listed ETFs.

Among the PSX indices, the KSE-100 index rose by 380.63 points, or 0.58 percent, to close at 65,906.28. Similarly, the KSE-All Shares index saw an increase of 251.28 points, also up by 0.58 percent, ending the day at 43,684.31. The KSE-30 index, representing the top 30 companies by market capitalization, also reported gains, rising by 128.84 points, or 0.60 percent, to finish at 21,707.85.

Noteworthy movements were also seen in other indices such as the KMI-30, which increased by 615.86 points, and the BKTi index, rising by 160.77 points or 1.00 percent. However, the PSXDIV20 index faced a slight decline, dropping by 79.88 points, or -0.31 percent.

The UPP9 index stood out with a significant gain of 221.17 points, marking a 1.16 percent increase, showcasing investor confidence in specific sectors. Other indices such as the NITPGI, NBPPGI, and JSMFI also reported healthy increases, contributing to the overall positive momentum in the market.

The session's data reflect a robust trading activity and investor interest across various sectors of the Pakistan Stock Exchange, indicating a hopeful outlook for the market's future performance.