The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) on Thursday closed bullish, gaining 2,301.17 points, a positive change of 1.32 percent, to settle at 176,355.49 points compared to 174,054.32 points on the previous trading day, according to PSX data.
During the session, the ready market witnessed a trading volume of 1,402.650 million shares with a traded value of Rs 48.424 billion, against 957.239 million shares valuing Rs 44.231 billion in the previous session. Market capitalization surged to Rs 19.968 trillion from Rs 19.690 trillion a day earlier. Out of 485 active companies in the ready market, 337 advanced, 116 declined, while 32 remained unchanged.
K-Electric Limited topped the volume chart with 372.705 million shares, followed by Pak International Bulk with 139.941 million shares and Bank of Punjab with 55.418 million shares.
The top gainers included PIA Holding Company LimitedB, which rose by Rs 1,954.06 to close at Rs 21,494.64, and Pakistan Tobacco Company Limited, increasing by Rs 57.08 to settle at Rs 1,598.76.
On the losing side, Unilever Pakistan Foods Limited declined by Rs 138.95 to close at Rs 28,850.05, while Service Industries Limited fell by Rs 27.53 to close at Rs 1,547.47.
In the futures market, turnover stood at 307.047 million shares with a traded value of Rs 12.024 billion, compared to 206.329 million shares worth Rs 11.811 billion in the previous session. Out of 313 futures-market companies, 230 recorded gains, 77 declined, while six remained unchanged.
Among futures contracts, KEL-JAN led with 85.582 million shares, followed by PIBTL-JAN with 49.455 million shares and BOP-JAN with 24.514 million shares.