Karachi, The Pakistan Stock Exchange (PSE) witnessed moderate gains in its major indices while individual company performances showed varied trends. The main KSE-100 index experienced an increase, closing at 70,544.58 up by 229.86 points. The trading session ended with 180 companies advancing, 156 declining, and 17 remaining unchanged out of 353 listed companies.
The KSE-30 index, representing the top 30 companies by market capitalization, slightly rose by 58.79 points to end at 23,191.08. Similarly, the KSE-All Shares index improved by 308.05 points, closing at 46,350.04. Among other indices, the KMI-30, which includes mid-cap companies, gained 581.27 points, finishing at 118,563.24, showing a positive trend in the mid-cap sector.
However, not all indices fared well; the BKTI index fell by 44.38 points to close at 17,437.07, indicating a slight downturn in the respective sector. Conversely, the OGTi index was the standout performer with a robust increase of 239.72 points, closing at 16,586.42, an indication of strong gains in the oil and gas sectors.
The market's liquidity was high with a total traded volume of 555,214,972 shares in the regular market and 115,159,000 shares in the future market. The traded value for the regular market was recorded at 21.99 billion PKR.
In the day's spotlight, WorldCall Telecom led the turnover list with 88,622,330 shares changing hands, closing at 1.39 PKR after starting the day at 1.35 PKR. Fauji Cement also saw significant activity, closing at 20.01 PKR, which was a notable rise from its opening rate of 18.68 PKR.
Significant movements were also seen in individual stocks such as Bata Pakistan Limited, which surged by 25.00 PKR to close at 1725.00 PKR. On the downside, Mari Petroleum Company Limited witnessed a significant drop, decreasing by 26.36 PKR to settle at 2595.35 PKR.