FLASHNEWS:

Pakistan Stock Exchange Sees Varied Performance Across Sectors

Karachi, The Pakistan Stock Exchange (PSX) experienced notable shifts in key indices on Monday, with the KSE30, KSE100, and KSEALLSHR indices all posting gains, reflecting a cautiously optimistic market atmosphere. The increases were paralleled in the KMI30 and KMIALLSHR indices, while the BKTI and OGTI indices saw mixed results.

The KSE100, the benchmark index, closed at 65,906.28, up by 380.63 points. Similarly, the KSE30 index saw an increase, ending the day at 21,707.85, up by 128.84 points. The market's overall performance, indicated by the KSEALLSHR index, also improved, closing at 43,684.31, a gain of 251.29 points. Meanwhile, the KMI30 index rose by 615.86 points to close at 110,660.73, and the KMIALLSHR increased by 187.28 points, ending at 31,137.46.

In terms of trading activity, the total turnover in the regular market was 303,710,027 shares, compared to the previous session's 261,194,334 shares. The futures market also saw an increase in activity, with a total turnover of 255,781,000 shares compared to the previous session's 144,826,500 shares.

Among individual companies, Pakistan International Airlines Corporation (PIAC) stood out with a significant turnover of 30,297,500 shares, closing at 25.39, up from its previous rate. Pakistan Telecommunication Company Limited (PTCL) and National Bank also saw considerable activity, closing higher at 16.10 and 40.56, respectively. Meanwhile, Oil & Gas Development Company (OGDCL) closed at 122.39, up from the previous rate.

In the futures market, Pakistan International Airlines Corporation (PIAA-MAR) and TRG Pakistan (TRG-MAR) were among the top performers, reflecting the market's speculative sentiment. PIAA-MAR closed at 25.68, while TRG-MAR closed slightly lower at 69.88.

The market also witnessed movements in share prices of key companies, with Rafhan Maize Products Company Limited and Sapphire Fibres Limited experiencing significant increases, closing at 8,290.00 and 1,582.50, respectively. Conversely, Bata Pakistan Limited and Philip Morris (Pakistan) Limited saw declines, closing at 1,680.00 and 710.00, respectively.

Overall, the trading session on March 26 indicated a blend of optimism and caution among investors, with significant activity in both the regular and futures markets.