smartcybers786@gmail.com 
Two investors can be seen discussing in front of the digital stock board at the Pakistan Stock Exchange. — AFP/File
#KSE100 #points #strong #economic #numbers
Arachi: Pakistan Stock Exchange (PSX) continued a positive pace for the second consecutive session on Friday. The Benchmark’s SE -100 index increased by 414 points among the strong economic numbers, including record current account surplus, low inflation and more remittances.
The index increased from 116,901.13 points to 414.45 points, or 0.35 percent, to 117,315.59 points. The highest index of the day was 117,888.13 points, while the lowest level was recorded at 116,759.07 points.
“The stocks are more closed because investors weigh strong economic data of record current account surplus, low inflation and remittances in March,” said Arif Habib Limited’s analyst Ahsan Mahani.
He said speculations about the possible recovery of IMFFFF and RSF Treich, easy to discuss the SBP policy next month and the privatization of the SOE played a faster role in the nearby role.
The KSE 30 index increased by 183.72 points or 0.51 percent to 35,932.66 points to 36,116.37 points.
Shares of the trade increased by 408.066 million shares to 17 million shares to 425.121 million shares. The commercial value increases from Rs 34.495 billion to Rs 32.127 billion. Market Capital increased by Rs 14.345 trillion to Rs 14.292 trillion. Of the 446 companies operating in the session, 189 were closed in Green, Red 197 and 60 did not change.
Topline Securities analyst Nabil Aaron said that the index was traded in a large-scale positive zone during the trade session, which could be attributed to the flow of positive news-Pakistan recorded a monthly account of 101.62 in the month of 101.62 in the month of 101.62 in the month of 101.62. State Bank of Pakistan (SBP).
High positive partnerships in the index have been obtained from UBL, Destiny, Suzio, Meblem and Ces, as they contributed +913 points in the index.
According to the traded price, Suzu (Rs 2.41 billion), PSO (Rs 2.26 billion), Marri (Rs 1.77 billion), UBL (Rs 1.74 billion) and fate (Rs 1.72 billion) dominated trade activity. UBL gained interest from investors on its strong financial results.
PIA Holding Company Limited B recorded the highest increase, which increased from Rs 192.90 to Rs 2,121.87 per share, followed by Hochast Pakistan Limited, which increased by Rs 1555.91 to Rs 3,197 per share. A significant reduction was noted in Rafan Maize Product Company Limited, which was reduced by Rs 18.57 to Rs 8,931.43 per share. Coalgate Pamolio (Pakistan) Ltd. followed it, which dropped from Rs 17.79 to Rs 1,371.15 per share.
JS Global analyst Mohammad Hassan Athar said Pakistan’s record -breaking current account surplus promoted investors’ confidence. “This unprecedented economic indicators are dramatically marking the last month’s million of 97 million deficit, providing strong basic support for the ongoing bill run,” he said. With the test of new market heights, investors appear to be faster about Pakistan’s improved outdoor position, which can translate into a moving, maximum financial flexibility and economic stability.
Sui South Gas has become a volume leader with 38.238 million shares, which closed at least Rs 400 from Rs 1.64. Pure Int Bulk, with 30.965 million shares, followed it, which closed at a maximum of Rs 10.61 per share.
Other important business stocks include K Electric Limited, Kanjoco PK, Maple Leaf, World Calle Telecom, Pak Electron, Habib Bank, Oil Boy Energy (R), and Bo Punjab. In the futures market, 309 companies recorded trade, of which 132 increased, 172 declined, and 5 did not change.
