Benchmark index closes at 42,085.72 points
\nKARACHI
\nThe Pakistan Stock Exchange (PSX) witnessed volatile trading on Thursday with the benchmark KSE-100 index recording gains of nearly 80 points in line with global equity markets, which showed mixed trends.
\nUpbeat investor sentiment stemmed from the technology sector, where Systems Limited closed 4.96% higher. As a result, stocks in the IT sector attracted investor interest.
\nBenchmark KSE-100 oscillated in both directions whereas volumes depreciated from the last close.
\nThe auto sector remained under pressure due to dismal car sales data for the month of September \u2014 which showed a decline of 7% month-on-month.
\nOn the results front, Engro Powergen Qadirpur Limited (EPQL) announced its third-quarter earnings per share and dividend per share of Rs3 each where the stock closed at the upper cap.
\nThe benchmark KSE-100 index closed at 42,085.72 points with an increase of 78.58 points or 0.19%.
\nA report from Arif Habib Limited noted that another range-bound session was witnessed at the PSX today.
\n\u201cDespite opening in the green zone the benchmark KSE-100 index recorded a lacklustre session as investor participation remained low, which caused the volumes to decline sharply,\u201d the brokerage house stated.
\nThe market fluctuated in both directions but ended up in the green as the IT sector remained in the limelight.
\nSectors contributing to the performance included technology (77.1 points), exploration and production (15.5 points), refinery (8.1 points), chemical (8 points), and fertiliser (6.6 points).
\nShares of 341 companies were traded during the session. At the close of trading, 158 scrips closed in the green, 161 in the red, and 22 remained unchanged.
\nOverall trading volumes rose to 222.22 million shares compared with Wednesday\u2019s tally of 238.65 million. The value of shares traded during the day was Rs9.66 billion.
\nWorldcall Telecom was the volume leader with 50.64 million shares traded, gaining Rs0.01 to close at Rs1.52. It was followed by TRG Pakistan with 23.19 million shares traded, losing Rs1.11 to close at Rs128.47 and Pakistan Refinery with 9.60 million shares gaining Rs0.16 to close at Rs17.98.<\/p>\n","protected":false},"excerpt":{"rendered":"
Benchmark index closes at 42,085.72 points KARACHI The Pakistan Stock Exchange (PSX) witnessed volatile trading on Thursday with the benchmark KSE-100 index recording gains of nearly 80 points in line with global equity markets, which showed mixed trends. Upbeat investor sentiment stemmed from the technology sector, where Systems Limited closed 4.96% higher. As a result, […]<\/p>\n","protected":false},"author":2,"featured_media":255695,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[11054,325,205,878],"class_list":{"0":"post-289121","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-it-scrips","9":"tag-kse","10":"tag-psx","11":"tag-stock"},"yoast_head":"\n