The Pakistan Stock Exchange (PSX) ended the last trading day of the week in the green, with the benchmark KSE-100 index gaining 373 points, or 0.88 per cent, to close at 42,642 on Friday.

Bears dominated trading early in the day, with the index falling below the 42,000 mark to touch a day's low of 41,836 points. However, the index recovered soon after to hit a high of 42,785 points in the second half of trading.

Nearly 177 million stocks worth Rs9.38 billion were traded in the market on Friday. Stocks of 359 companies were traded, of which 232 advanced, 116 declined and 11 remained unchanged.

The technology and communication sector dominated the day's trading with 29m shares traded, with cement and commercial banks following with 19.5m and 18.2m shares traded respectively.

Volumes were led by:

TRG Pak Ltd: 24.9m shares traded [-4.59pc]

K-Electric Ltd: 15.5m shares traded [+1.30pc]

B.O.Punjab: 11.2m shares traded [-0.73pc]

Azgard Nine: 10.7m shares traded [+2.19pc]

Power Cement: 7.90m shares traded [0.37pc]

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

Opinion

Editorial

Taking cover
Updated 09 Jan, 2025

Taking cover

IT is unfortunate that, instead of taking ownership of important decisions, our officials usually seem keener to ...
A living hell
09 Jan, 2025

A living hell

WHAT Donald Trump does domestically when he enters the White House in just under two weeks is frankly the American...
A right denied
09 Jan, 2025

A right denied

DESPITE citizens possessing the constitutional and legal right to access it, federal ministries are failing to...
Closed doors
Updated 08 Jan, 2025

Closed doors

The nation’s fate has been decided through secret deals for too long, with the result that the citizenry has become increasingly alienated from the state.
Debt burden
08 Jan, 2025

Debt burden

THE federal government’s total debt stock soared by above 11pc year-over-year to Rs70.4tr at the end of November,...
GB power crisis
08 Jan, 2025

GB power crisis

MASS protests are not a novelty in Pakistan, and when the state refuses to listen through the available channels —...