PSX Closing Bell: Green Surge

The Pakistan Stock Exchange closed Monday's session slightly higher, according to Mettis Global, as the KSE-100 index added nearly 398 points. Gains in oil and gas marketing, exploration and refinery shares more than made up for declines in banking, cement and fertilizer counters. Energy stocks were lifted as crude prices stayed firm, with traders weighing supply worries after heavier tanker traffic through the Strait of Hormuz over the weekend.

The benchmark closed at 180,502.44, up 397.83 points or 0.22 per cent, after touching an intraday high of 181,158.86 and a low of 180,281.75. Trading volume in the index reached 511.22 million shares. Of the 100 index companies, 43 finished higher and 57 closed lower.

Top gainers included CNERGY, HGFA, PSO, ATRL and SSGC, while GADT, SAZEW, HMB, IBFL and HBL led the decliners. PSO, PPL, ATRL, CNERGY and OGDC added the most index points, while HBL, FFC, SYS, LUCK and HMB dragged the index lower. The All-Share Index closed at 109,207.13, up 369.08 points or 0.34 per cent, and market-wide volume reached 1,047.68 million shares.