The benchmark KSE 100-index of the Pakistan Stock Exchange (PSX) reversed its previous losses and turned bullish on Tuesday, gaining 421.57 points, or 0.25 percent, to close at 171,021.77 points, up from 170,600.20 points on the last trading day, according to PSX data.
Market Activity and Volume
During the session, the ready market recorded a trading volume of 550.790 million shares, with a total traded value of Rs27.444 billion. This compares to 589.759 million shares worth Rs31.984 billion in the previous session. The market capitalization increased to Rs18.940 trillion from Rs18.876 trillion a day earlier, reflecting positive investor sentiment.
Advancing and Declining Stocks
Out of 488 active companies in the ready market, 221 advanced, 226 declined, and 41 remained unchanged. The volume leaders were WorldCall Telecom with 42.984 million shares, followed by Treet Battery Ltd. with 41.012 million shares, and Dewan Cement with 30.501 million shares.
Top Gainers and Losers
The top gainers included The Thal Industries Corporation Limited, which surged by Rs84.70 to close at Rs931.72, and Nestle Pakistan Limited, which gained Rs56.29 to settle at Rs7,702.00. On the losing side, PIA Holding Company Limited B declined by Rs333.90 to close at Rs17,612.00, while Khairpur Sugar Mills Limited fell by Rs267.24 to close at Rs2,405.12.
Futures Market Performance
In the futures market, 310 companies traded, of which 161 recorded gains, 142 declined, and 7 remained unchanged, according to PSX data.
