PSX Closing Bell: A Little Lift

The benchmark KSE-100 ended Wednesday's session at 169,969.32, up 368.92 points or 0.22 per cent, according to Mettis Global. Prices peaked at 171,492.52 during the day and slipped no lower than 169,872.13, so the index stayed in positive territory throughout. Of its 100 constituents, 60 closed higher, 38 fell and 2 were unchanged, with 217.01 million shares changing hands.

Among the stocks rising the most were TPLRF1, FATIMA, FHAM and JVDC, while PSEL led the losers with a fall of 8.86 per cent. HBL, MEBL and LUCK were among the biggest supports for the index, while PSEL was the heaviest drag at 108.66 points, followed by HUBC at 44.63 points.

Sector-wise, commercial banks contributed 252.65 points to the index, offsetting drags from miscellaneous and food and personal care products. The All-Share Index closed at 102,892.63, up 206.38 points, while traded value stood at Rs20.19 billion across 295,471 trades. For the fiscal year, the KSE-100 is down 10,332 points or 5.73 per cent, while it has fallen 4,085 points or 2.35 per cent in the current calendar year.