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PSX Closing Bell: A Rally Worth the Roar

Mettis Global • • 1 min read

PSX Closing Bell: A Rally Worth the Roar

The KSE-100 climbed 3,994.62 points, or 2.38%, to finish Wednesday at 172,013.48, Mettis Global reported. It stayed above the previous close throughout the session, reaching 172,286.99 at its peak, while 90 index constituents advanced and 10 declined.

Buying was broad across banking, cement and fertilizer shares, with easing oil prices and developments around the U.S. midterm elections among the factors supporting sentiment, according to the report. Commercial banks contributed 1,498.03 points, while cement added 559.22 and fertilizer 477.54. UBL made the largest individual index contribution at 293.07 points; total market volume was 841.62 million shares, and traded value rose to Rs35.39 billion.

At a glance

  • The KSE-100 gained 2.38% to close at 172,013.48.
  • Commercial banks added 1,498.03 points to the index.
  • Market volume reached 841.62 million shares.
Sectors:Commercial BanksCementFertilizer

Originally reported by Mettis Global

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