KARACHI (Dunya News) – The Pakistan Stock Exchange (PSX) continued its record-breaking rally on Thursday, mainly fuelled by improving economic condition and positive investment sentiment that have helped overcoming flood concerns.
During intraday day trading, the KSE-100 index crossed the 153,000 points level for first time in history after it recorded gains of over 1,000 points.
It has surged to 153,206.07points, marking a change of 0.66 percent compared to previous close of 152,201.87 points.
A day earlier, the federal government raised Rs 491 billion through the auction of short-term government securities, surpassing its Rs 400 billion target.
In previous session on Wednesday, the KSE-100 index also maintained bullish trend on, gaining 1,226.39 more points, a positive change of 0.81 percent, closing at 152,201.88 points against 150,975.48 points last trading day.
A total of 1,043,232,122 shares were traded during the day as compared to 1,081,077,703 shares the previous trading day, whereas the price of shares stood at Rs 51.308 billion against Rs 44.424 billion on the last trading day.
As many as 477 companies transacted their shares in the stock market, 242 of them recorded gains and 204 sustained losses, whereas the share price of 31 companies remained unchanged.