The 100-Index of the Pakistan Stock Exchange (PSX) gained 130.86 points to close at 93,355.43 points as compared to 93,224.56 points on the last trading day.
A total of 807,067,924 shares were traded during the day as compared to 792,904,878 shares the previous trading day, whereas the price of shares stood at Rs. 31.688 billion against Rs. 30.788 billion on the last trading day.
As many as 450 companies transacted their shares in the stock market, 196 of them recorded gains and 191 sustained losses, whereas the share price of 63 companies remained unchanged.
Brokerage house Topline Securities noted that the market exhibited a consolidation phase, with the index reaching a peak of 93,804 and dipping to a low of 92,943. It also highlighted that consistent buying by local mutual funds supported the market in the recent rally.
The index was boosted by positive contributions from MARI, LUCK, SEARL, ENGRO, and POL, which collectively added 461 points. Conversely, OGDC, FFC, and MEBL experienced some profit-taking, resulting in a combined loss of 213 points to the index, it added.
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