Market watchers in Lahore and across Pakistan, today's trading session on the Pakistan Stock Exchange (PSX) had some notable movers in the spotlight. While the broader KSE-100 Index showed mixed to slightly bearish vibes mid-session (hovering around 181,000–182,000 levels with declines noted in recent summaries), a few stocks posted strong percentage gains — perfect examples of how individual picks can shine even when sentiment is cautious.
Here are the standouts from the day's advancers:
- AMTEX (Amtex Limited): Closed at Rs5.31 — up Rs1.23 or a massive +23.20%! With over 23 million shares traded, this textile spinner saw heavy buying interest. Volume like that often signals retail or momentum players jumping in.
- PASM (likely a non-compliant or specific segment stock): Hit Rs6.57 — gaining Rs0.75 or +12.89%. Solid volume at around 85,000 shares kept it active.
- HIRAT (another textile-related or sector play): Reached Rs4.74 — up Rs0.52 or +12.32%, with nearly 800,000 shares changing hands.
- DWT (possibly Dewan Textile or similar): Traded to Rs9.25 — climbing Rs1 or +12.12%, decent activity with over 500,000 volume.
- TCORP CPS (perhaps a corporate or preference share variant): Settled at Rs12.72 — up Rs1.16 or +10.04%, with 139,000+ shares traded.
These double-digit jumps are eye-catching — especially in textiles and smaller caps, which can move fast on news, sector rotation, or bargain hunting after recent dips. The high volumes on AMTEX in particular suggest real interest, maybe tied to sector recovery hopes or company-specific buzz.
Overall market context: PSX has been volatile lately, with recent T+1 settlement rollout boosting efficiency, but profit-taking and global cues keeping things range-bound. If you're trading or investing from Gulberg, Johar Town, Defence, or Model Town, these gainers show pockets of strength worth watching.
Always do your due diligence — markets can swing quick!
Disclaimer: This post is for informational purposes only. Stand For Pakistan is not responsible for any claims. All info based on publicly available sources and highlights shared. Readers strongly advised to verify through official PSX, brokers, or dps.psx.com.pk. Trading involves risk — invest wisely.
What do you make of these movers? Seen any patterns in textiles lately? Share below! 📈🇵🇰
Comments
Post a Comment