HomeBusinessPSX gains 2,654 points to close at 185,062 points

PSX gains 2,654 points to close at 185,062 points

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ISLAMABAD, Jan 6 (APP):The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) on Tuesday closed bullish, gaining 2,653.87 points, a positive change of 1.45 percent, to settle at 185,062.11 points compared to 182,408.24 points on the previous trading day, according to PSX data.
During the session, the ready market witnessed a trading volume of 1,306.062 million shares with a traded value of Rs 85.322 billion, against 1,384.300 million shares valuing Rs 78.095 billion in the previous session. Market capitalization increased to Rs 20.741 trillion from Rs 20.510 trillion a day earlier.
Out of 485 active companies in the ready market, 238 advanced, 218 declined, while 29 remained unchanged.
K-Electric Limited topped the volume chart with 109.625 million shares, followed by Bank of Punjab with 79.910 million shares and Pak International Bulk Terminal with 62.342 million shares.
The top gainers included Indus Motor Company Limited, which rose by Rs 79.55 to close at Rs 2,181.88, and Attock Refinery Limited, which increased by Rs 57.09 to settle at Rs 749.44.
On the losing side, PIA Holding Company Limited (B) declined by Rs 933.38 to close at Rs 24,118.98, while Rafhan Maize Products Company Limited fell by Rs 67.62 to close at Rs 9,863.30.
In the futures market, turnover stood at 274.139 million shares with a traded value of Rs 18.686 billion, compared to 307.050 million shares worth Rs 16.872 billion in the previous session. Out of 316 futures-market companies, 189 recorded gains, 123 declined, while four remained unchanged.
Among futures contracts, BOP-JAN led with 34.426 million shares, followed by KEL-JAN with 25.757 million shares and PIBTL-JAN with 20.598 million shares.
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