Karachi: The Pakistan Stock Exchange (PSX) reported modest gains in its indices on Tuesday, driven by a varied performance among key stocks. The KSE100 index rose by 465.64 points, closing at 151,673.45, marking a 0.31% increase from the previous day. The KSE30 index also experienced a slight uptick, advancing by 239.59 points to settle at 45,938.83, reflecting a 0.52% daily increase.
According to JS Global, the market capitalization of the PSX witnessed a day-on-day growth of 0.19%, reaching Rs 16,855.56 billion or approximately US$ 60.40 billion. Despite the daily gains, the year-to-date performance showed a decline of 12.86% for the KSE100 and 13.82% for the KSE30, highlighting persistent volatility in the market.
Among the top gainers, EFUG led with a price increase of 6.03%, closing at Rs 122.00. MEHT and BNWM followed, with gains of 4.15% and 3.53%, respectively. Conversely, ISL faced the steepest decline among the losers, dropping 5.73% to Rs 66.61. POML and HGFA also saw decreases of 3.43% and 2.86%, respectively.
The total volume of shares traded was 357.27 million, with a total value of Rs 20.44 billion or US$ 73.23 million. KEL and TSBL were the most traded stocks by volume, with 53.60 million and 26.37 million shares exchanged, respectively.
In the regional context, stock markets in China and India showed positive trends with increases of 0.3% and 0.7%, respectively. Meanwhile, Indonesia and Malaysia saw declines of 0.3% and 0.2%, respectively, indicating mixed performance across Asian markets.