Karachi: The Pakistan Stock Exchange (PSX) experienced a day of mixed fortunes as minor gains dominated the trading landscape, signaling a cautious optimism among investors. The KSE-100 Index edged up by 30.18 points, a modest 0.04 percent increase, closing at 85,483.40. Meanwhile, the KSE-30 Index also saw a slight uptick of 10.71 points.

According to JS Global, the indices’ gains were supported by notable advances in several major stocks. Attock Refinery Limited led the gainers with a 10.00 percent increase in its stock price, followed by Pakistan Telecommunication Company Limited and Pioneer Cement, which rose by 8.13 percent and 7.50 percent, respectively. The oil and gas sector also contributed positively to the index’s performance, with Oil and Gas Development Company Limited and Pakistan State Oil registering gains.

However, the day was not without its losers. Kot Addu Power Company experienced a significant decline, dropping 11.85 percent. Other notable decliners included Hub Power Company and Fauji Fertilizer Bin Qasim Limited, which fell by 5.17 percent and 4.75 percent, respectively.

The overall market capitalization of PSX reflected a slight contraction, with the total market cap standing at 11,156.85 billion rupees, down by 0.04 percent from the previous trading day. Despite the mixed individual performances, the market demonstrated resilience, maintaining a steady flow of transactions.

The broader regional markets showed mixed results as well, with most indices reflecting a cautious trading atmosphere amidst varying economic signals from across the globe.