KARACHI: The Pakistan Stock Exchange (PSX) returned to normalcy on Thursday as it gained over 318 points to close the trading session on a positive note.
The benchmark KSE 100-index rallied in later day trading to close the day on a positive note before trading was suspended. The bourse gained 318.93 points (0.69%) and closed at 46,484.43 points. The total volume of share was 211.501 million valued at Rs6.828 billion.
The lower bench KSE-30 index gained 135.44 points (0.76%) and closed at 17,899.59 points. The total volume of shares was 185.846 million. The KMI 30 index increased by 880.81 points (1.17%) and closed at 75,939.37 points, while the All Share Index gained 166.17 points (0.53%) and closed at 31,473.57 points. The total volume of share traded were 494.859 million at the stock market.
The highest number of shares traded belonged to Cnergyico PK Ltd (CNERGY 16.18%) which traded 99.122 million shares. This was followed by WorldCall Ltd (WTL -2.53%), Flying Cement (FLYNG 2.38%), and Telecard Ltd (TELE -2.44%). The number of scrips traded were 36.948 million, 33.865 million, and 32.971 million, respectively.
On the economic side, the Pakistani rupee (PKR) maintained its opening streak and further appreciated by 13 paisa against the US dollar on Thursday in the interbank session as the currency closed the trade at PKR 181.69.
The workers’ remittances received by Pakistan hit an all-time high of $2.8 billion in March, extending support to foreign exchange reserves and rupee against the US dollar. Remittances have risen to $23 billion in the first nine months of the current fiscal year 2021-22, up by 7.1% over the same period of previous year.
