HomeBusinessPSX gains 576 points to close at 174,472 points

PSX gains 576 points to close at 174,472 points

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ISLAMABAD, Dec 30 (APP): The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) on Tuesday closed bullish, gaining 576.45 points, a positive change of 0.33 percent, to settle at 174,472.80 points compared to 173,896.34 points on the previous trading day, according to PSX data.
During the session, the ready market witnessed a trading volume of 851.043 million shares with a traded value of Rs 44.902 billion, against 858.054 million shares valuing Rs 42.867 billion in the previous session. Market capitalization increased to Rs 19.692 trillion from Rs 19.590 trillion a day earlier.
Out of 479 active companies in the ready market, 282 advanced, 158 declined, while 39 remained unchanged.
Trust Brokerage topped the volume chart with 57.456 million shares, followed by Fauji Foods Limited with 54.425 million shares and Unity Foods Limited with 49.217 million shares.
The top gainers included PIA Holding Company LimitedB, which rose by Rs 1,614.92 to close at Rs 17,764.16, and Sazgar Engineering Works Limited, increasing by Rs 38.51 to settle at Rs 1,682.19.
On the losing side, Rafhan Maize Products Company Limited declined by Rs 230.46 to close at Rs 9,938.61, while Ismail Industries Limited fell by Rs 97.65 to close at Rs 2,002.351.
In the futures market, turnover stood at 194.799 million shares with a traded value of Rs 12.447 billion, compared to 172.783 million shares worth Rs 10.407 billion in the previous session.
Out of 313 futures-market companies, 206 recorded gains, 103 declined, while four remained unchanged.
Among futures contracts, PTC-JAN led with 27.153 million shares, followed by PIAHCLA-JAN with 21.106 million shares and FFL-JAN with 17.522 million shares.
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