The Pakistan Stock Exchange (PSX) continued its positive run on Tuesday, with the benchmark KSE-10 index gaining 434 points to close at 43,703.

After opening higher, the index continued on an upward trajectory for most part of the day, hitting the day's high of 43,747 points and low of 43,197 on the way.

Volumes increased to 166.5 million shares today while traded value crossed Rs10 billion. Shares of 336 companies were traded at the exchange, of which 180 increased in value,127 declined and 29 remained unchanged.

Analysts credited the positive momentum at the market in part to the oath-taking of the interim federal cabinet which signifies a smooth transition.

Commercial banking sector dominated trading with 36.4m shares traded and was followed by cement with 28.7m shares traded.

Volumes were led by:

  1. Bank Of Punjab: 20.3m shares traded [+1.82pc];

  2. Pakistan Elektron Ltd: 14.3m shares traded [+1.59pc];

  3. Sui Southern Gas Co Ltd: 13.6m shares traded [+4.20pc];

  4. Fauji Cement Co Ltd: 10.1m shares traded [+2.97pc];

  5. D. G. Khan Cement Co. Ltd: 9.5m shares traded [+3.60pc].

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

Opinion

Editorial

Military option
Updated 21 Nov, 2024

Military option

While restoring peace is essential, addressing Balochistan’s socioeconomic deprivation is equally important.
HIV/AIDS disaster
21 Nov, 2024

HIV/AIDS disaster

A TORTUROUS sense of déjà vu is attached to the latest health fiasco at Multan’s Nishtar Hospital. The largest...
Dubious pardon
21 Nov, 2024

Dubious pardon

IT is disturbing how a crime as grave as custodial death has culminated in an out-of-court ‘settlement’. The...
Islamabad protest
Updated 20 Nov, 2024

Islamabad protest

As Nov 24 draws nearer, both the PTI and the Islamabad administration must remain wary and keep within the limits of reason and the law.
PIA uncertainty
20 Nov, 2024

PIA uncertainty

THE failed attempt to privatise the national flag carrier late last month has led to a fierce debate around the...
T20 disappointment
20 Nov, 2024

T20 disappointment

AFTER experiencing the historic high of the One-day International series triumph against Australia, Pakistan came...