Pakistan Stock Exchange (PSX) experienced an exceptional trading session on Wednesday as bulls dominated the market amid higher volumes with the benchmark KSE-100 index gaining 1,031 points, or 2.50 per cent, to cross the 42,000 mark.

The index took off from Tuesday's close of 41,279, continuing on an upward spiral throughout the session to hit the day's high of 42,346 points and close at 42,310 points.

173.81 million shares worth Rs9.67 billion were traded in the market, with investors shunning caution as Lahore successfully hosted the first T20 of the World XI tour.

The textile sector dominated day's trading with 26.2m shares traded while commercial banks and technology sectors followed with 21.4m and 17.6m shares traded, respectively.

A total of 360 symbols were traded in the market of which 252 advanced, 87 declined and 21 remained unchanged.

Volumes were led by:

Azgard Nine: 22.1m shares traded [-1.62pc]

TRG Pak Ltd: 11.1m shares traded [+3.39pc]

B.O.Punjab: 9.0m shares traded [+0.60pc]

Aisha Steel Mill: 8.7m shares traded [+3.99pc]

K-Electric Ltd: 8.4m shares traded [+2.72pc]

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

Opinion

Editorial

Disregarding CCI
Updated 04 Nov, 2024

Disregarding CCI

The failure to regularly convene CCI meetings means that the process of democratic decision-making is falling apart.
Defeating TB
04 Nov, 2024

Defeating TB

CONSIDERING the fact that Pakistan has the fifth highest burden of tuberculosis in the world as per the World Health...
Ceasefire charade
Updated 04 Nov, 2024

Ceasefire charade

The US talks of peace, while simultaneously arming and funding their Israeli allies, are doomed to fail, and are little more than a charade.
Concerning measures
Updated 03 Nov, 2024

Concerning measures

The govt must seek political input and consensus on the changes it is seeking to make and be open about its intentions.
Short-lived relief?
03 Nov, 2024

Short-lived relief?

POLICYMAKERS must be jumping with joy. At the close of the first quarter of FY25, the budget posted a consolidated...
Brisk spread
03 Nov, 2024

Brisk spread

THE surge in polio cases has reached distressing levels with a tally of 45 last reported, after two cases emerged in...