PSX gains 5,448 points

ISLAMABAD, Nov 10 (APP): The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) witnessed a positive trend on Tuesday, gaining 5,448.56 points, a positive change of 3.13 percent, to close at 179,335.24, points against 173,886.69 points recorded in the previous trading session.

The ready market witnessed a trading volume of 972.432 million shares, compared to 1,479.999 million shares traded in the previous session. The traded value of the ready market reached Rs50.665 billion, up from Rs22.572 billion a day earlier.

Meanwhile, total market capitalisation also increased to Rs19.397 trillion from Rs18.909 trillion recorded in the previous session.

Out of 501 companies that traded in the ready market, 363 posted gains, 107 suffered losses, while 31 remained unchanged, reflecting a mixed trend across the overall market.

Cnergyico PK led the volume chart with 70.087 million shares, followed by Tasdeeq Information with 46.846 million shares, and K-Electric Ltd. with 42.270 million shares.

Among the top gainers in the ready market, Rafhan Maize Products Company Limited surged by Rs134.90 to close at Rs8,534.89, while Sazgar Engineering Works Limited advanced by Rs96.94 to settle at Rs1,505.04.

On the losing side, Attock Refinery Limited declined by Rs33.04 to close at Rs949.12, while National Refinery Limited fell by Rs 31.53 to Rs442.92.

In the futures (DFC) market, turnover stood at 203.687 million shares with a traded value of Rs10.667 billion, compared with 135.948 million shares worth Rs5.876 billion in the previous session.

Of the 269 companies traded in the DFC market, 269 advanced, 35 declined, and 2 remained unchanged.