The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) maintained a strong positive trend on Wednesday, November 4. The index gained 3,994.62 points, a "massive positive change of 2.38 percent," to close at 172,013.48 points. This followed a previous trading session recording of 168,018.87 points.
Trading activity in the ready market saw a significant increase. The trading volume reached 841.615 million shares, up from 517.345 million shares in the previous session. The traded value of the ready market rose to Rs35.392 billion, compared to Rs20.704 billion a day earlier. Total market capitalisation grew to Rs18.777 trillion from Rs18.396 trillion recorded in the previous session.
The market reflected a "highly bullish trend" as 368 out of 499 companies that traded in the ready market posted gains. Additionally, 103 companies suffered losses, while 28 remained unchanged.
TPL Properties led the volume chart with 67.851 million shares. It was followed by B.O.Punjab with 58.197 million shares, and K-Electric Ltd. with 57.364 million shares.
Among the top gainers in the ready market, Rafhan Maize Products Company Limited surged by Rs107.73 to close at Rs8,557.74, while Premium Textile Mills Limited advanced by Rs41.08 to settle at Rs640.30. Conversely, Unilever Pakistan Foods Limited declined by Rs86.43 to close at Rs25,801.57, and Pakistan Services Limited fell by Rs34.17 to Rs1,157.91.
In the futures (DFC) market, turnover stood at 203.911 million shares with a traded value of Rs13.498 billion. This was an increase from the previous session, where 122.990 million shares were worth Rs6.144 billion. Of the 312 companies traded in the DFC market, 287 advanced, 22 declined, and 3 remained unchanged.
