KARACHI: The Pakistan equity market on Wednesday closed in green due to decline in the international commodity prices amid a likely ease in Ukraine war tensions.

“Cement sector stayed in the green zone due to a major drop in the international coal prices. Main board activity remained dull as investors remained cautious due to prevailing political noise,” an analyst at Arif Habib Limited said.

The Pakistan Stock Exchange KSE-100 shares Index gained 0.59 per cent, or 255.87 points, to close at 43,975.69 points. The KSE-30 shares Index gained 0.57 per cent, or 96.18 points, to close at 17,018.56 points.

As many as 354 scrips were active of which 215 advanced, 115 declined and 24 remained unchanged.

The ready market volumes stood at 236.50 million shares, compared with the turnover of 189.04 million shares in the last trading session.

The companies which reflected the highest gains included Bata (Pak) up Rs90.01 to close at Rs2,268/share, and Mehmood Tex up Rs59.34 to close at Rs853.99/share.

The companies that reflected the most losses included Rafhan Maize down Rs400 to close at Rs11,400/share, and Wyeth Pak Ltd down Rs120.88 to close at Rs2,029.12/share.

The highest volumes were witnessed in Flying Cement(R) with a turnover of 22.34 million shares. The scrip shed 5 paisas to close at Rs0.09/share, followed by WorldCall Telecom with a turnover of 19.69 million shares. It shed 3 paisas to close at Rs1.65/share. Treet Corp remained the third with a turnover of 15.22 million shares. It gained 30 paisas to finish at Rs31.29/share.

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