KSE-100 closes at 167,193.44 points on Thursday, up 1,456 points

The benchmark KSE-100 Index of the Pakistan Stock Exchange rose on Thursday, gaining 1,456.68 points, or 0.88 percent, to close at 167,193.44 points, according to Associated Press of Pakistan and Daily Times. The index had closed at 165,736.76 points in the previous trading session.

Daily Pakistan reported that the index regained key psychological levels after the rise. It described the day as the fourth of the trading week.

In the ready market, Daily Times reported a trading volume of 816.834 million shares, compared with 578.124 million shares in the previous session. The traded value rose to Rs 31.541 billion from Rs 26.203 billion.

Market capitalisation increased to Rs 18.492 trillion from Rs 18.329 trillion a day earlier. Of 499 companies that traded in the ready market, 232 posted gains, 232 suffered losses and 35 remained unchanged.

Cnergyico PK led the volume chart with 184.011 million shares traded. Pervez Ahmed Co followed with 81.146 million shares, and K-Electric Ltd. had 46.827 million shares traded.

Among individual stocks, PIA Holding Company Limited rose by Rs 398.50 to close at Rs 13,950.00. Unilever Pakistan Foods Limited advanced by Rs 150.98 to settle at Rs 25,851.20. Khairpur Sugar Mills Limited declined by Rs 113.39 to close at Rs 1,020.47, and JK Spinning Mills Limited fell by Rs 44.55 to Rs 427.55.

In the futures (DFC) market, turnover was 520.614 million shares with a traded value of Rs 23.050 billion, compared with 422.813 million shares worth Rs 17.391 billion in the previous session. Of 313 companies traded there, 167 advanced, 138 declined and 8 remained unchanged.