The Pakistan Stock Exchange (PSX) surged to a new all-time high, surging past the previous record of 64,718 and breaching 65,000 points within the first two hours of trade on Friday.
The benchmark KSE-100 index went up by 1.43 percent or 926 points at 10:20 AM to a new high of 65,644. At 10:55 AM, it clocked in at 65,872, up 1.78 percent or 1,154 points.
Overall, the market momentum was bullish, with a total trading volume of 415 million shares, amounting to a value of Rs. 13.5 billion.
At the time of filing, the highest participation was witnessed in K-Electric Limited (PSX: KEL) with over 97.8 million shares traded, followed by Kohinoor Spinning Mills Limited (PSX: KOSM) and Oil and Al Shaheer Corporation Limited (PSX: ASC). The scrips had 21.68 million shares and 18.47 million shares traded, respectively.
| SCRIP | PRICE | HIGH | LOW | CHANGE | VOLUME |
|---|---|---|---|---|---|
| KEL | 4.23 | 4.3 | 4.08 | 0.26 | 97,816,243 |
| KOSM | 4.02 | 4.08 | 3.85 | 0.19 | 21,687,000 |
| ASC | 12.04 | 12.52 | 11.9 | 0.52 | 18,473,313 |
| WTL | 1.64 | 1.67 | 1.61 | 0.02 | 15,696,238 |
| PRL | 31.8 | 31.8 | 30.55 | 2.22 | 14,813,558 |
| CNERGY | 5.11 | 5.19 | 5.05 | 0.04 | 13,247,068 |
| PAEL | 20.4 | 20.74 | 20.08 | 0.28 | 12,786,573 |
This is an intraday market update.