PSX Closing Bell: Bulls Triumph

Mettis Global reported that the Pakistan Stock Exchange finished Wednesday's session in positive territory, with the KSE-100 rising 464.53 points, or 0.26 per cent, to 180,311.21. The index traded between a low of 179,920.10 and a high of 180,901.26 during the day. Trading volume on the index reached 226.16 million shares.

Buying interest was concentrated in oil and gas exploration, cement, power and selected banking stocks, with exploration names providing the largest support. POL, MARI, HBL and HUBC added the most index points, while MEBL shed 134.78 points and was the largest drag. Fertilizer was the weakest sector, lowering the index by 54.83 points.

Breadth was positive, with 58 of the index's 100 companies finishing up and 42 finishing down. The All-Share Index gained 210.19 points to 108,988.15, while traded value came in at Rs32.19 billion, down Rs6.67 billion. Over the fiscal year the KSE-100 has added only 10 points, but it is up 6,257 points or 3.59 per cent in the calendar year so far.