The Pakistan Stock Exchange (PSX) opened on a positive note on the last trading day of the week, with the benchmark KSE-100 index showing early gains on Friday, November 14.
The index climbed 761.01 points to 161,418.5 shortly after the market opened, with trading volume at nearly 4 million shares. By 10:14 AM, the KSE-100 was at 161,288.00, up 630.51 points or 0.39 percent from the previous close of 160,657.49.
The day’s trading range so far has been between 160,791.78 and 161,418.66, with a total volume of 58.37 million shares. The index has posted a one-year gain of 71.23 percent and a year-to-date increase of 40.10 percent, trading within a 52-week range of 93,672.72 to 169,988.62.
Market performers
Among the top active stocks, TPLP led the movers with a gain of 9.98 percent to Rs11.35, followed by MLCF rising 6.90 percent to Rs105.99. PRL, FNEL, TPL, and SPWL also recorded notable gains, while PACE showed a minor decline of 0.27 percent.
In terms of top advancers, KTML rose 10.01 percent to Rs63.66, with PIOC and PAKL both up by 10 percent. Other significant gainers included SKRS, IBLHL, SPL, TPLP, KSTM, TPL, and MCBIM, all showing double-digit or near double-digit growth.
On the flip side, DMTM saw the steepest decline at 10.73 percent, followed by GLPL down 10 percent and KCL dropping nearly 10 percent. Other major decliners included SZTM, SANSM, QUET, DADX, CJPL, PSYL, and PIM.
Previous close
The previous session on Thursday ended on a positive note as the KSE-100 Index gained 2,473.55 points or 1.56 percent, closing at 160,657.49. The intraday high reached 160,944.50, while the low was 158,971.48. Key contributors to the rally were FFC, LUCK, MLCF, DGKC, and MARI, whereas HMB, AIRLINK, TRG, INIL, and MUREB weighed on the index.
The market’s positive momentum at the start of Friday trading indicates investor confidence as the week comes to a close.
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