PSX Closing Bell: Take Five

June 27, 2024 (MLN): The benchmark KSE-100 index concluded Thursday's trading session at 78,528.25, showing a an increase of 252.61 points or 0.32%.

The index remained positive throughout the day, showing an intraday high of 78,978.60 (+702.96) and a low of 78,294.23 (+18.58) points.

The total volume of the KSE-100 index was 137.89 million shares.

Of the 100 index companies 61 closed up, 35 closed down, 3 were unchanged, while 1 remained untraded.

KSE-100 index was supported by Commercial Banks (+67.05pts), Fertilizer (+50.36pts), Oil & Gas Exploration Companies (+45.53pts), Automobile Parts & Accessories (+40.53pts), and Pharmaceuticals (+22.26pts).

On the flip-side, the index was let down by Power Generation & Distribution (-15.49pts), Oil & Gas Marketing Companies (-12.66pts), Textile Composite (-11.52pts), Technology & Communication (-6.39pts), and Leather & Tanneries (-5.03pts).

Companies that added points to the index were FFC (+57.69pts), UBL (+47.54pts), THALL (+40.53pts), OGDC (+37.58pts), and MARI (+30.84pts).

On the flip-side, the index was let down by ENGRO (-42.79pts), MCB (-41.59pts), MEBL (-32.50pts), PPL (-21.48pts), and NPL (-15.01pts).

In the broader market, the All-Share index closed at 49,487.23 with a net gain of 173.01 points or 0.35%.

Total market volume was 283.54 million shares compared to 469.76m from the previous session while traded value was recorded at Rs11.07 billion showing a decrease of Rs8.71bn.

There were 155,969 trades reported in 424 companies with 209 closing up, 150 closing down, and 65 remaining unchanged.

To note, the KSE-100 has gained 37,076 points or 89.44% during the fiscal year, whereas the ongoing calendar year has witnessed a cumulative increase of 16,077 points, equivalent to 25.74%.

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