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Sunday, May 19, 2024  
10 Dhul-Qadah 1445  

PSX closes at all time high of 55,391 levels: dealers

The KSE-100 Index remained positive throughout the trading session
A stock broker reacts while monitoring the market on the electronic board displaying share prices during trading session at the Pakistan Stock Exchange, in Karachi, Pakistan July 3, 2023 - REUTERS
A stock broker reacts while monitoring the market on the electronic board displaying share prices during trading session at the Pakistan Stock Exchange, in Karachi, Pakistan July 3, 2023 - REUTERS

The Pakistan Stock Exchange witnessed a record-breaking session on Friday as the benchmark KSE-100 Index crossed 55,000 levels at the closing of the trading session, dealers said.

The KSE-100 index traded in the green throughout the day, making rapid gains. The Index eventually closed at 55,391.36 points, after adding 1,129.94 points or 2.08%.

An analyst at Arif Habib Limited said that the average traded volume at PSX witnessed a 2.4-year high.

The average daily traded volume increased by 32.4% to 639 million shares, the highest since July 1, 2021.

Similarly, the average daily traded value increased by 4.9% to 21.1 billion shares which was the highest since November 30, 2021.

The KSE-30 Index also remained positive throughout the trading session as the Index gained 384.26 or 2.11% to reach 18,566.36 levels.

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