Karachi, According to information available from the Pakistan Stock Exchange (PSX), the stock market on May 13, 2024, showed positive trends across major indices and in trading volumes in both the ready and future markets. The KSE-100 Index rose by 713.61 points, a 0.98 percent increase, closing at 73,799.11. The KSE-30 Index also saw a rise, gaining 196.50 points to close at 23,623.68.

In the ready market, a total of 721,597,885 shares were traded, slightly down from the previous session's 741,196,400 shares, yet trading value increased to PKR 25,649,329,783 from PKR 25,268,036,804. Meanwhile, the future market's turnover stood at 157,873,000 shares.

Top performing stocks included Cnergyico PK, with a turnover of 64,224,241 shares, closing at PKR 4.74 up from an opening rate of PKR 4.40. Other notable performances were seen in WorldCall Telecom and Hum Network, which also showed significant activity.

Additionally, Sapphire Fibres Limited saw a notable increase in its closing rate, up PKR 63.04, ending at PKR 1,463.04. Conversely, Nestle Pakistan Limited witnessed a substantial decrease, dropping by PKR 86.50 to close at PKR 7,401.00.

Market capitalization saw a significant uplift to PKR 9,958,903,157,576 from the previous PKR 9,878,194,294,360, indicating robust investor confidence and market strength as reflected in the day’s trading activities.