Positive Triggers See PSX Gain Over 400 Points

The 100-Index of the Pakistan Stock Exchange (PSX) gaining 414 points on Friday, a positive change of 0.35 percent, closing at 117,315 points as compared to 116,901 points on the last trading day. A total of 425,121,963 shares were traded during the day as compared to 408,066,790 shares the previous trading day, whereas the price of shares stood at Rs. 34.49 billion against Rs. 32.127 billion on the last trading day. As many as 446 companies transacted their shares in the stock market, 189 of them recorded gains and 197 sustained losses, whereas the share price of 60 companies remained unchanged. Brokerage house Topline Securities attributed the buying momentum to positive news flow with Pakistan recording its highest-ever monthly current account surplus in the month of March of $1.195 billion and Real Effective Exchange Rate dropping to 101.62 in March 2025 from 102.25 in February 2025. Top positive contribution to the index came from UBL, LUCK, SAZEW, MEBL & SYS, as they cumulatively contributed +913 points to the index, it added.