Pakistan Stock Exchange’s benchmark KSE 100 index recorded a marginal gain of 342.63 points, closing at 130,686.66 with a 0.26 percent increase. However, this slight gain was overshadowed by a significant decline in trading activity.
The total number of shares traded in the regular market fell to 899,849,566 compared to the previous day’s 1,026,117,776. Along with this substantial drop in volume, the value of trades also decreased, declining from 49,294,366,085 to 43,252,872,181.
The KSE 30 index also mirrored the KSE 100’s performance, showing a marginal increase of 37.19 points, closing at 39,945.45 with a 0.09 percent increase. Both indices witnessed fluctuations throughout the trading session. The KSE 100 ranged between a high of 131,325.11 and a low of 129,776.20, while the KSE 30 ranged from 40,249.67 to 39,686.83.
Market capitalization saw a slight improvement, increasing from 15,712,550,607,543 to 15,767,143,585,402. The decline in trading activity extended to the futures and ODL markets. Futures turnover shrank from 185,454,000 to 158,378,000, and ODL transactions saw a sharp decrease, falling from 1,331 to 1,055.