AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi, The Pakistan Stock Exchange (PSX) demonstrated a robust performance across various indices on May 14, 2024. According to information available from the Pakistan Stock Exchange (PSX), the KSE-100 index rose by 732.08 points, a 0.99 percent increase, closing at 74,531.19. Similarly, the KSE-30 index appreciated by 330.74 points, marking a 1.40 percent rise, ending the day at 23,954.42.
In terms of market activity, the total number of listed companies stood at 523 with a listed paid-up capital of 1,675,712 million. The market capitalisation increased significantly to 10,037,155,816,497. The day’s traded volume was recorded at 574,182,210, while the traded value was reported at 23,425,283,361.
The trading session closed with 190 advancers and 178 decliners, reflecting a balanced market sentiment with slight bullish bias. There were 20 unchanged positions out of a total of 388 listings.
The broader PSX indices also showed positive trends, with the KMI-30 index seeing a substantial gain of 1,687.88 points, a 1.38 percent increase, closing at 123,918.63. The BKTI and OGTI indices also recorded gains of 1.69 percent and 2.41 percent respectively.
Publicly issued debt securities stood at 13 listings with a total issue size of 60,000,000,000, while privately placed debt securities had 22 listings totaling 502,588,300,000. Additionally, the market has 9 listed open-end mutual funds.
Overall, the PSX market displayed growth and stability, attracting investor interest and demonstrating a healthy trading environment. According to information available from the Pakistan Stock Exchange (PSX).