PSX: Heavy trading was seen in Service Long March (189.4M shares) today

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The Pakistan Stock Exchange (PSX) ended Wednesday’s session on a mixed note, with the benchmark KSE-100 Index edging up 118 points to close at 180,511.02, supported by strength in energy and industrial stocks.

Overall, 495 companies traded in the ready market, with 206 advancing, 259 declining, and 30 remaining unchanged. Market capitalization rose to Rs. 20.12 trillion, while turnover stood at 1.23 billion shares, slightly higher than the previous session.

The Oil & Gas sector (OGTI) led gains with a 1.66% rise, while the Banking index (BKTI) slipped 0.92%, reflecting pressure on financial stocks.

Heavy trading was seen in Service Long March (189.4M shares), Kohinoor Spinning (72.3M), and K-Electric (53.6M). Among major movers, Pakistan Engineering Company surged Rs. 64 to close at Rs. 703.99, while Shifa International Hospitals gained Rs. 43.10 to Rs. 541.06. On the downside, PIA Holding Company B fell sharply by Rs. 583.43 to Rs. 17,454, and Siemens Pakistan Engineering dropped Rs. 28 to Rs. 1,522.19.

Analysts noted that investor sentiment remained cautious, with selective buying in energy and industrial counters offset by profit-taking in banks.

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