KSE-100 index gains 508 points as volumes soar
The Pakistan Stock Exchange (PSX) experienced another positive session on Thursday, with the benchmark KSE-100 index gaining 508 points, up 1.33 per cent, to close at 38,716 points.
The index opened on a weak note and touched a day's low of 38,015 points but climbed back up to hit 38,794 towards the session's close.
Volumes picked up from yesterday's 130 million shares traded to around 180 million shares worth Rs6.9 billion traded during the day. Of the 366 traded scrips, 196 advanced and 152 declined while 18 remained unchanged.
Cement, and technology and communication sectors dominated trading with 23.1m and 22.5m shares traded respectively.
Volumes were led by:
TRG Pak Ltd: 15.0m shares traded [+5.00pc];
Dewan Salman: 13.4m shares traded [-45.45pc];
D.G.K.Cement: 8.8m shares traded [+2.36pc];
Nishat Power: 7.1m shares traded [+3.24pc];
Dost Steels Ltd: 7.0m shares traded [+8.93pc].