The Pakistan Stock Exchange (PSX) continued its pace on Wednesday, with the KSE -100 index increasing by 1139.15 points, 0.98 percent, which closed at 117,7772.31 points, more than 116,633.16 points last day.
The market began on a positive note on the third trading day of the week, which was recovered from previous losses. Even during the session, the KSE-100 index touched 118,220.88 points before some seller pressure pushed it down. Hopefully about the agreement between Pakistan and the IMF played a key role in advancing the market growth.
On the last trading day, a total of 230,408,091 shares were traded, which is less than 268,098,907. The total value of the shares was Rs 32.271 billion, compared to Rs 19.455 billion before it.
Of the 436 companies participating in the trade, 204 saw their share rise, while 167 suffered a decline, and 65 stocks did not change.
Large sector is showing Benefits Automobiles, cement, chemical, commercial banks, oil and gas exploration, OMCS, power generation, and refineries. Prominent stocks like OGDC, Mari, PPL, Habko, PSO, SNGPL, and SSGC also finished this day in a positive area.