The Pakistan Stock Exchange (PSX) commenced the week on a slightly positive note, with the benchmark KSE-100 Index gaining 82 points, or 0.07%, to close at 122,225 points on Monday. This was a modest rise from the previous close of 122,143 points.
Trading volume showed a significant increase, as over 1.22 billion shares were exchanged during the session, compared to 968 million shares on the previous trading day. However, the total value of traded shares fell to Rs. 25.75 billion from Rs. 29.56 billion.
A total of 471 companies were active in the market. Among them, 282 recorded gains, 159 posted losses, and 30 remained unchanged.
READ MORE:
Iranian Missile Strike Near Tel Aviv Causes Damage to US Embassy in Israel
According to a market note by brokerage firm Topline Securities, the session witnessed a pullback amid a broader global market recovery. The KSE-100 Index remained range-bound throughout the day, hitting an intraday high of 759 points and a low of 253 points before settling slightly higher.
Key contributors to the day’s gains included Bank AL Habib (BAHL), Oil and Gas Development Company (OGDC), National Bank of Pakistan (NBP), Mari Petroleum (MARI), and Meezan Bank (MEBL), collectively adding 371 points to the index. In contrast, selling pressure in Engro Corporation (ENGROH), Pakistan GasPort (PKGP), and Lucky Cement (LUCK) trimmed 255 points from the benchmark.