PSX ends slightly higher on week's close

Published
0

The Pakistan Stock Exchange (PSX) continued gain lost ground in the last session of the week, with the benchmark KSE-100 Index gaining 46 points to cross the 42,400 mark.

Hitting a day's high of 42,543 in the first half of trading, the index touched a low of 42,287 points soon after recess before paring losses and closing at 42,409.

A total of 343 symbols were traded in the day, of which 210 advanced, 117 declined and 16 remained unchanged.

Around 173 million shares worth Rs5.5 billion were traded on the exchange, up from 140m shares traded on Thursday.

"Speculations on rising textile exports through the EU GSP Plus scheme and upbeat financial results played a catalyst role in higher close," Ahsan Mehanti of Arif Habib Corporation said.

The power generation and distribution sector dominated the day's trading with 40.2m shares traded.

Volumes were led by:

K-Electric Ltd: 38.0m shares traded [+5.71pc]

B.O.Punjab: 13.6m shares traded [+3.12pc]

Pak Int.Bulk: 9.6m shares traded [+4.00pc]

WorldCall Telecom: 7.2m shares traded [-1.95pc]

Silk Bank Ltd: 6.1m shares traded [+4.88pc]

Follow Dawn Business on X, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Kashmir unresolved
Updated 30 Sep, 2026

Kashmir unresolved

The just solution lies in India addressing the issue through a trilateral dialogue involving the legitimate representatives of the Kashmiri people and Pakistan.
Water shortage
30 Sep, 2026

Water shortage

THAT the country is entering the Rabi season with an anticipated water shortage of nearly 25pc, the lowest carryover...
Young hearts
30 Sep, 2026

Young hearts

THE observance may have passed, but the message of World Heart Day should not fade with it. The occasion is a useful...
Terror and politics
Updated 29 Sep, 2026

Terror and politics

There is an urgent need to tone down the rhetoric and tackle terrorism as a collective challenge for both the affected provinces and the federation.
Watching the glaciers
29 Sep, 2026

Watching the glaciers

THE latest signs from Pakistan’s mountains are worrying. Suparco says the number of unfrozen glacial lakes it...
Dangerous agenda
29 Sep, 2026

Dangerous agenda

AS the world remains fixated on the US-Iran conflict, elsewhere in the Middle East, Israel is consolidating its grip...