On Friday, 4th October 2024, the Pakistan Stock Exchange (PSX) experienced another day of positive momentum. The KSE-100 Index opened up by 83 points, briefly lost 127 points, but then surged ahead, gaining 884 points and closing with a strong net gain of 810 points at 83,532.
This follows the previous day's gain of 755 points. Over the past five trading sessions, the KSE-100 Index has accumulated a total of 2,240 points. Year to date, the index has surged by 34%, reflecting strong market performance in 2024.
Despite a brief pause in foreign fund selling yesterday, today 'foreign corporates' were net sellers of over $7 million. Mutual funds were the primary buyers, limiting gains to heavyweight index stocks.
Major Gainers Today:
- AIRLINK (Air Link Communication): PKR 143.0 ▲ 6.4%
- PPL (Pak Petroleum): PKR 118.6 ▲ 6.4%
- PSO (Pakistan State Oil): PKR 176.6 ▲ 4.9%
- NRSL (Nimir Resins): PKR 22.1 ▲ 4.8%
- SAIF (Saif Textile): PKR 11.3 ▲ 4.1%
Major Gainers in the Last 5 Trading Sessions:
- NCL (Nishat (Chun.)): PKR 28.31 ▲ 20.3%
- AGL (Agritech Limited): PKR 38.22 ▲ 15.4%
- CSAP (Crescent Steel): PKR 89.03 ▲ 13.4%
- AIRLINK (Air Link Communication): PKR 142.95 ▲ 13.2%
- NCPL (Nishat ChunPower): PKR 28.72 ▲ 11.6%
Major Losers Today:
- LPL (Lalpir Power): PKR 18.1 ▼ 4.6%
- IBLHL (IBL HealthCare): PKR 26.7 ▼ 4.2%
- GATI (Gatron Industries): PKR 181.6 ▼ 3.4%
- GAL (Ghandhara Automobiles): PKR 197.6 ▼ 3.0%
- OBOY (Oilboy Energy): PKR 6.1 ▼ 2.7%
Major Losers in the Last 5 Trading Sessions:
- TPL (TPL Corp Ltd): PKR 4.22 ▼ 15.3%
- GVGL (Ghani Value Glass): PKR 38.59 ▼ 14.1%
- GAL (Ghandhara Automobiles): PKR 197.61 ▼ 13.3%
- TRG (TRG Pakistan Ltd): PKR 46.05 ▼ 12.9%
- IBLHL (IBL HealthCare): PKR 26.71 ▼ 12.8%
