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Thursday, February 27, 2025  
28 Shaban 1446  

Shares at PSX index gain over 1,600 points in intraday trade

Benchmark index was trading at 114,848.12 levels at 11:46am
Screengrab via PSX website
Screengrab via PSX website

Shares at the Pakistan Stock Exchange’s benchmark index gained over 1,600 points in the intraday trade.

According to the PSX website, the KSE-100 index gained 1,641.72 points or appreciated by 1.45% to reach 114,848.12 levels at 11:46am.

Buying activity was observed in key sectors including automobile assemblers, cement, commercial banks, fertilizer, oil and gas exploration companies, OMCs, power generation and refineries.

Index-heavy stocks NRL, HUBCO, PSO, SHEL, MARI, OGDC, PPL, MCB, MEBL and NBP traded in the green, according to Business Recorder.

The market saw a positive turnaround on Thursday’s trading session, with the index dipping to an intraday low of 111,806 points and climbing to a high of 113,401 points before closing at 113,206 points, up by 1,719 points or 1.54%. “This marks a recovery following three consecutive negative sessions,” the Topline Securities said.

“Overall market activity remained strong, with 483 million shares traded and a total turnover of Rs. 26 billion. SSGC led the volume charts, with 48 million shares changing hands.”

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