Karachi: The Pakistan Stock Exchange (PSE) closed with positive momentum on Tuesday, with the benchmark KSE-100 Index increasing by 437.34 points to close at 51,920.27, a 0.85% rise from the previous session. The KSE-30 Index also showed upward movement, closing at 17,782.12, up by 131.95 points. Broad-based gains were observed across the board, with the All-Share Index closing at 34,558.22, up by 293.01 points.

In the futures market, significant activity was noted with the PRL-NOV contract showing a substantial increase in turnover, closing at 20.96 after reaching a high of 21.02. The CNERGY-NOV future contract also witnessed a high turnover, closing at 3.99, up from its opening rate of 3.53.

Among the companies reflecting significant turnover, Cnergyico PK saw a notable surge in its closing rate at 3.93, up from its previous rate of 3.46, with a highest rate of 3.97 during the day. Pak Refinery closed at 20.69, marking an increase from its previous close of 19.30. WorldCall Telecom, howe ver, showed a slight decrease, closing at 1.28 against its previous rate of 1.29.

The market also observed substantial growth in shares of Power Cement and Fauji Fert Bin. Power Cement closed at 5.62, jumping from an opening rate of 4.80, while Fauji Fert Bin closed higher at 17.77 from its previous closing of 16.57.

In terms of highest increase in their rates, Rafhan MaizeXD topped the list with an increase of 170.00, closing at 8020.00, followed by Mehmood Textile with an increase of 36.00, closing at 518.50. On the decline side, Sapphire FiberXD saw a decrease of 37.33, closing at 1033.67, and Lucky Core Ind. closed down by 11.39 at 622.84.

The market capitalization stood at 7,551,772,884,478 with a traded volume of 455,331,569 shares and a traded value of 15,639,829,717. The day ended with 188 companies in the advancers' column, 147 decliners, and 22 remaining unchanged out of a total of 357 traded companies.