On Tuesday, the Pakistan Stock Exchange (PSX) witnessed upward movement as the KSE-100 Index gained 122 points to close at 75,206 points. The market capitalization also went up by Rs23 billion.
Opening in Negative Zone
The market started the day negatively and dropped to its intraday low of 74,958 points due to profit-taking.
Recovery and Positive Close
After the initial decline, buying activity picked up pace, helping the index close in the positive zone. Throughout the session, the KSE-30 Index rose by 49 points to close at 24,142 levels. Also, the All Offers Record progressed from 48,646 focuses to 48,760 places. As a rule, market capitalization flooded by Rs10 billion to Rs10.164 trillion.
Trade Volume and Corporate Earnings
All told, trade volumes amounted to 460 million shares valued at Rs15.8 billion. The share prices of one hundred and seventy-four firms appreciated, whereas those of one hundred eighty-four depreciated, with twenty-three holding steady out of three hundred eighty-one companies’ whose shares were traded.
KSE-100 Index
The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) closed higher by 122 points (0.16%) and ended at a closing high of 75,206.
KSE-30 Index
KSE-30 Index added another 49 points (0.2%) and finished at a fresh high closing level of around 24142.
All Shares Index
All Shares index is up by +114 points or +0.23% at a closing high of around the figure somewhere near, with final confirmation be given tonight after checking the official PSX site, having High Volume stocks like TRG, etc.,nk Al Habib, etc.,, were the volume yesterday’s uring yesterday’s session, as per the volume scanning report from the previous day.
Market Capitalization
Market capitalization rose by Rs22 billion to Rs10.164 trillion. The increase shows investors’ confidence and positive outlook on the market.
Trading Volume
A toof total of 460 million shares changed hands on Tuesday at a value of Rs15.8, reflecting strong market activityformance
Out of a total of 381 companies, 174 showed increases in prices, 184 recorded decreases in their share values, and 23 companies’ share prices remained unchanged.
