Karachi
Amidst slight fluctuations, the Pakistan Stock Exchange (PSX) experienced a bullish trend, with the KSE-100 Index gaining 89.94 points, marking a positive change of 0.13% on Tuesday (April 2). This brought the index to close at 66,886.26 points.
Despite some profit-taking activities observed during the day, market participants maintain an optimistic outlook, buoyed by improving economic indicators and stable economic policies.
The trading day showcased an active market, with a total turnover of 239,650,377 shares valued at Rs8.940 billion. A notable number of companies, totaling 342, were involved in share transactions, with a majority recording gains. In the future market, 309 companies traded shares, witnessing fluctuations that resulted in gains for some and losses for others.
Some 342 companies transacted their shares in the stock market; 160 of them recorded gains and 153 sustained losses, whereas the share prices of 29 remained unchanged.
In future market, as many as 309 companies traded shares in the market, out of which 130 recorded gains, 176 witnessed losses whereas share prices of 3 companies remained unchanged.
The three top trading companies were WorldCall Telecom with 32,343,929 shares at Rs1.35 per share, PTCL with 27,131,713 shares with Rs16.46 per share and Pak Reinsurance with 13,127,500 shares at Rs.15.46 per share.
Looking ahead, investor sentiment may be influenced by factors such as the upcoming Eid holidays and the need for significant triggers to steer market direction in the coming sessions. However, the overall positive economic indicators and stable policies continue to instill confidence among investors in the Pakistan stock market.