Summary: The Pakistan Stock Exchange continued to trade in a positive direction during the trading week, with the KSE-100 Index gaining 1,454.80 points to close at 168,018.86. The KMI-30 Index also gained 2,354.57 points, while the total trading value stood at Rs 20.70 billion.
Karachi: Amidst the US midterm elections and hopes for a resolution to the Iran conflict, the Pakistan Stock Exchange had a positive day of trading, with the benchmark KSE-100 index surging over 1,454 points to cross the 168,000 mark.
According to the Pakistan Stock Exchange, the KSE-100 index closed at 168,018.86 points, up 1,454.80 points or 0.87 percent, at the close of trading.
The index hit a high of 168,469.78 points during the trading session, while its low was 167,308.65 points.
On the other hand, the Islamic investment benchmark KMI-30 index also showed a positive trend. The index closed at 240,580.98 points, up 2,354.57 points or 0.98 percent.
A total of more than 517.3 million shares were traded during the trading session, worth approximately Rs 20.70 billion.
According to Pakistan Stock Exchange data, the total market capitalization at the close of business was about Rs 18,395 billion, which is about Rs 102 billion more than the previous session.
A total of 270 companies in the market increased their share prices, 189 decreased while 109 companies remained unchanged.
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