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Wednesday, February 19, 2025  
20 Shaban 1446  

Shares at PSX gain around 800 points in intraday trade

KSE-100 index reached 112,285.17 at 11:39am
Screengrab via PSX website
Screengrab via PSX website

Shares at the Pakistan Stock Exchange’s benchmark index gained around 800 points in the intraday on Thursday.

According to the PSX website, the KSE-100 index was trading at 112,285.17 after gaining 797.81 points, or appreciating by 0.72%, at 11:39am.

There was notable buying interest in sectors with significant index weight, such as automobile assemblers, cement, chemicals, commercial banks, oil and gas exploration firms, OMCs, power generation, and refineries.

Key stocks like HUBCO, NRL, PSO, SHEL, SNGP, OGDC, PPL, POL, MARI, MCB, and MEBL saw positive trading activity, according to Business Recorder.

On Wednesday, the KSE-100 index largely traded in negative zone to close at 111,487 level (down by -0.48%). “This pressure in market can be attributed to lack of triggers, selling by intuitions and ongoing futures rollover week,” the Topline Securities said in a statement.

The FFC in the fertilizer sector declared its 4Q2024 result announcement in which it posted EPS of Rs9.94 (down by 42% QoQ, up by 90% YoY), taking CY24 EPS to Rs45.49 (up by 118% YoY)

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