KSE-100 gains 1,454 points to close at 168,018 on Tuesday

The benchmark KSE-100 Index of the Pakistan Stock Exchange continued its positive trend on Tuesday, gaining 1,454.80 points, or 0.87 percent, to close at 168,018.87 points. The previous trading session had ended at 166,564.07 points, according to Daily Times.

Daily Pakistan Urdu reported that the index recovered to the 168,000-point level on the second day of the business week, helped by positive sentiment. At the start of trading it rose by more than 1,900 points to reach 168,469 points, and trading stayed bullish through the session.

Activity in the ready market increased. Daily Times reported that 517.345 million shares changed hands, against 443.432 million shares in the previous session. The traded value reached Rs20.704 billion, up from Rs17.731 billion a day earlier.

Total market capitalisation rose to Rs18.396 trillion from Rs18.293 trillion in the previous session. Of the 500 companies traded in the ready market, 270 closed higher, 189 closed lower and 41 were unchanged.

Cnergyico PK led the volume chart with 114.827 million shares, followed by Pervez Ahmed Co with 64.936 million shares and Pak Refinery with 29.593 million shares.

Among the top gainers, Unilever Pakistan Foods Limited rose by Rs201.02 to close at Rs26,200.00, while Pakistan Services Limited advanced by Rs108.37 to settle at Rs1,192.08. Bhanero Textile Mills Limited declined by Rs38.69 to close at Rs859.46, and Siemens (Pakistan) Engineering fell by Rs35.57 to Rs1,551.69.

In the futures (DFC) market, turnover was 122.990 million shares with a traded value of Rs6.144 billion, compared with 119.359 million shares worth Rs4.970 billion previously. Of 316 companies traded there, 188 advanced, 122 declined and 6 were unchanged.