Positive Trend Continues at Pakistan Stock Exchange with Over 440 Points Increase

Karachi: A positive trend was observed at the Pakistan Stock Exchange (PSX) on Wednesday, as the market opened with an upward movement. The KSE 100 Index saw an increase of 441 points, rising from 112,743.79 points to 113,185.35 points.
By 9:50 AM, the market was trading at 113,185.35 points, reflecting a 0.39% increase. A total of 330 companies were actively trading during this time.
On the previous day, the KSE 100 Index had gained 756.91 points, a 0.68% rise, closing at 112,743.80 points. On Monday, the index stood at 111,986.89 points.
In total, 206,851,125 shares were traded, slightly lower than the 208,881,544 shares exchanged on the previous trading day. The total value of the shares traded amounted to 1.1337 trillion rupees, while the previous day’s value was 1.1881 trillion rupees.
Shares of 429 companies were traded, with 221 companies seeing an increase in their stock prices, 150 companies witnessing a decline, and 58 companies maintaining stable prices.
Among the companies with the highest trading volume, WorldCall Telecom topped the list with 12,563,739 shares traded at a price of 1.40 rupees per share. City Pharma Limited followed with 12,282,173 shares traded at a price of 92.93 rupees per share, while Pak International Bulk stood third with 10,341,268 shares traded at 9.12 rupees per share.
In terms of price increases, Unilever Pakistan Foods Limited saw a rise of 61.32 rupees, closing at 23,066.34 rupees per share. Sapphire Textile Mills Limited’s share price increased by 28.82 rupees, ending at 1,200 rupees.
On the other hand, Mahmood Textile Mills Limited’s share price decreased by 42.52 rupees, closing at 385.73 rupees, while Reliance Cotton Spinning Mills Limited saw a decline of 33.41 rupees, ending at 483.67 rupees per share.