HomeBusinessPSX gains 860 points to close at 188,622 points

PSX gains 860 points to close at 188,622 points

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ISLAMABAD, Jan 20 (APP):The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) on Tuesday continued its upward momentum and closed bullish, gaining 860.09 points, a rise of 0.46 percent, to settle at 188,621.78 points as compared to 187,761.69 points on the previous trading day, according to PSX data.
During the session, the ready market recorded a trading volume of 1,225.807 million shares with a traded value of Rs 63.897 billion, against 1,198.656 million shares valuing Rs 63.800 billion in the previous session. Market capitalization increased to Rs 21.305 trillion from Rs 21.195 trillion a day earlier.
Out of 487 active companies in the ready market, 240 advanced, 213 declined, while 34 remained unchanged.
Hascol Petroleum topped the volume chart with 113.003 million shares, followed by K-Electric Limited with 70.448 million shares and Treet Corporation with 58.611 million shares.
The top gainers included PIA Holding Company Limited (B), which rose by Rs 200.32 to close at Rs 20,966.33, and Sazgar Engineering Works Limited, which increased by Rs 159.34 to settle at Rs 1,903.80.
On the losing side, Unilever Pakistan Foods Limited declined by Rs 137.41 to close at Rs 28,123.84, while Service Industries Limited fell by Rs 35.95 to close at Rs 1,814.62.
In the futures market, turnover stood at 234.020 million shares with a traded value of Rs 16.606 billion, compared to 236.133 million shares worth Rs 14.794 billion in the previous session.
Out of 316 futures-market companies, 194 recorded gains, while 118 declined and four remained unchanged.
Among futures contracts, TREET-JAN led the turnover with 22.413 million shares, followed by KEL-JAN with 20.866 million shares and PIBTL-JAN with 19.172 million shares.
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