Karachi, On January 19, 2024, the Pakistan Stock Exchange (PSE) showcased a blend of market movements across its major indices and listed companies. The total number of listed companies stood at 524, with a listed paid-up capital of PKR 1,665,454 million. The market capitalisation was reported to be PKR 9,265,005,014,014.
The trading volume for the day was recorded at 287,310,860, with a traded value of PKR 9,320,443,235. The market saw 160 advancing stocks, 158 decliners, and 21 remaining neutral out of a total of 339 companies traded.
In the debt securities segment, there were 13 listed public debt securities with a total issue size of PKR 70,000,000,000. The privately placed debt securities comprised 23 listed securities, with a total issue size of PKR 513,013,300,000. Additionally, there were 8 listed Exchange-Traded Funds (ETFs).
Regarding the PSE indices, the KSE-100 index closed at 63,282.23, a slight increase from its previous close of 63,202.40, marking a change of 79.83 points or 0.13%. The KSE-ALL-Shares index closed at 42,859.42, up from 42,813.54, with a change of 45.88 points (0.11%). The KSE-30 index saw a rise to 21,275.21 from 21,240.42, changing by 34.79 points (0.16%). The KMI-30 index increased by 165.26 points to 106,569.45 (0.16% change).
Other indices, such as the BKTi and the OGTi, showed mixed results. BKTi closed at 15,237.48, down by 8.90 points (-0.06%), while the OGTi increased by 44.01 points to 16,112.55 (0.27% change). The PSX-KMI-All-Shares index closed at 31,120.13, up by 37.19 points (0.12%).
The PSXDIV20 and the UPP9 indices experienced contrasting trends. PSXDIV20 decreased by 18.50 points to 24,945.31 (-0.07%), whereas UPP9 rose by 66.71 points to 18,033.77 (0.37%). Other indices like NITPGI, NBPPGI, and MZNPI showed modest gains, while JSMFI and ACI reported declines.
The HBLTTI, as of January 18, 2024, closed slightly higher at 13,087.57 from 13,080.06, changing by 7.51 points (0.06%).
Karachi, Bank Makramah Limited, formerly known as Summit Bank Limited, listed on the Pakistan Stock Exchange, has proposed a rights issue at the rate of 11.2443%. This strategic move is aimed at enhancing the bank's capital base. The announcement marks a significant step in the bank's efforts to expand its financial capability and align with regulatory requirements. The rights issue will offer existing shareholders the opportunity to buy additional shares at this specified rate.