KARACHI: The Pakistan Stock Exchange (PSX) witnessed a broadly positive trading session on Thursday, with all major indices closing higher and the overall market capitalization posting a noticeable rise.
The benchmark KSE-100 Index gained 710.66 points, or 0.44 percent, to close at 162,936.94 after touching an intraday high of 163,817.83 and a low of 162,646.98.
BRIndex100 closed at 17,267.22, up 92.72 points or 0.54 percent, with a total volume of 596.88 million shares. BRIndex30 ended at 55,144.72, gaining 514.86 points or 0.94 percent, with a total turnover of 416.25 million shares.
According to market insights from Topline Securities, the market opened on a strong positive footing, extending the previous day’s upbeat momentum as the benchmark index surged sharply at the start. Mid-session volatility did emerge, trimming early gains and dragging the index down by nearly 420 points from its intraday high, though it remained in positive territory throughout the day.
The brokerage added that major contributors including MARI, HUBC, OGDC, PPL, and SYS collectively added around 476 points to the benchmark, while MEBL, FFC, POL, and EFERT together shaved roughly 100 points.
During the session, 250 companies advanced, 187 declined, and 39 remained unchanged in the ready market out of 476 traded scrips.
Market participation eased compared with the previous session. The ready market recorded a turnover of 725.87 million shares, lower than the prior 1.03 billion shares, while the traded value lowered to Rs35.32 billion as compared to yesterday’s Rs45.17 billion.
Despite the subdued activity, market capitalization increased to Rs18.585 trillion from Rs18.483 trillion previously.
Bank Makramah led the ready market volumes with 103.99 million shares, closing at Rs6.20. WorldCall Telecom followed with 71.45 million shares at Rs1.96, while F. Nat. Equities traded 37.95 million shares and closed at Rs 24.17.
Among major price gainers, PIA Holding Company Limited B posted the sharpest increase, surging by Rs216.95 to close at Rs24,422.00. Ismail Industries Limited also gained Rs48.37 to settle at Rs1,998.55. On the losing side, Supernet Technologies Limited dropped Rs180.85 to close at Rs1,797.30, while Shahmurad Sugar Mills Limited fell Rs38.79 to Rs451.19.
Sectoral indicators based on the BR indices showed a mixed trend. The BR Automobile Assembler Index closed at 24,427.14, down 25.94 points or 0.11 percent, with a turnover of 2.24 million shares. The BR Cement Index closed at 12,783.50, gaining 117.19 points or 0.93 percent, with a turnover of 24.68 million shares.
The BR Commercial Banks Index ended at 48,003.81, slipping 18.65 points or 0.04 percent, with 126.84 million shares traded. The BR Power Generation and Distribution Index rose to 25,513.20, up 332.65 points or 1.32 percent, on a turnover of 50.38 million shares.
The BR Oil and Gas Index closed at 14,064.58, rising 189.68 points or 1.37 percent, with a turnover of 47.98 million shares. The BR Technology and Communication Index settled at 3,814.37, up 51.84 points or 1.38 percent, with 125.47 million shares traded.
Ali Najib, Deputy Head of Trading at Arif Habib Limited, noted that momentum remains strong as the market approaches the 164,000–165,000 range, a key hurdle for the KSE-100 Index. He added that the upcoming session will be crucial in determining whether the index can close the week on a firm note.
Copyright Business Recorder, 2025
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