PSX Closing Bell: A Quiet Green Finish

Mettis Global reported that the KSE-100 finished Wednesday's session at 172,232.51, up 830.43 points or 0.48%, as buying spread across the market. Sentiment was cautiously upbeat on Middle East developments, where prospects of a peaceful settlement eased worries about crude supply. Oil prices were mixed as investors weighed the possible effect of U.S.-Iran talks.

The market remained above its previous close for the whole day, peaking at 172,762.41 and dipping to 171,843.50. Trading volume strengthened to 274.87 million shares, and 65 of the 100 index companies closed higher while 35 finished lower. CNERGY led the gainers with an 8.41% jump while PSEL was the heaviest loser at 5.79% down.

Fertilizer was the largest contributor, adding 201.82 points, with FFC alone adding 167.36 points. Commercial banks and refineries also supported the index, while Miscellaneous shed 70.35 points and MCB pulled it down by 84.61 points. The All-Share Index closed at 104,231.79, up 0.45%, while traded value rose by Rs7.99 billion to Rs26.45 billion.