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    PSX maintains bullish momentum as KSE-100 index climbs 383 points to close above 122,000

    Latest June 10, 20250 Views
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    PSX maintains bullish momentum as KSE-100 index climbs 383 points to close above 122,000
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    PSX maintains bullish momentum as KSE-100 index climbs 383 points to close above 122,000

    The Pakistan Stock Exchange (PSX) continued its bullish trajectory on Tuesday, with the benchmark KSE-100 Index gaining 383.44 points, reflecting a positive change of 0.32 percent. The index closed at 122,024.44 points, up from the previous day’s closing of 121,641.00 points.

    Despite the upward momentum in the index, overall market activity slowed, as 592,952,761 shares changed hands during the session, down from 854,617,208 shares traded on the last trading day. Similarly, the total trading value fell to Rs 21.827 billion, compared to Rs 25.793 billion in the previous session.

    A total of 473 companies participated in trading on the day. Among them, 230 stocks recorded gains, 200 registered losses, while the share prices of 43 companies remained unchanged, indicating a mixed trend in broader market sentiment.

    The most actively traded scrips included Cnergyico PK, which led the volume chart with 61,375,370 shares traded at Rs 8.03 per share. It was followed closely by K-Electric Limited with 59,081,829 shares at Rs 5.62 per share, and Dewan Cement, which recorded 45,553,863 shares traded at Rs 15.52 per share.

    On the gaining side, Sapphire Fibres Limited posted the highest increase in value, rising by Rs 96.67 to close at Rs 1,152.79 per share. Sapphire Textile Mills Limited followed with an impressive gain of Rs 43.08, closing at Rs 1,143.08 per share.

    Conversely, the steepest decline was witnessed by PIA Holding Company LimitedB, which saw its share price drop by Rs 2,879.00, ending the day at Rs 25,910.98. The second-largest loss was reported by Khyber Textile Mills Limited, which shed Rs 273.52 to close at Rs 2,461.65 per share.

    Despite the decline in traded volume and value, the overall upward movement in the index reflects sustained investor confidence in the market.

    The post PSX maintains bullish momentum as KSE-100 index climbs 383 points to close above 122,000 appeared first on Profit by Pakistan Today.

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