PSX continues with bullish trend, gains 217 points
Business
PSX continues with bullish trend, gains 217 points
ISLAMABAD (Dunya News) – The 100-index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Wednesday, gaining 217.76 points, a positive change of 0.53 percent, closing at 41,167.60 points against 40,949.84 points the previous day.
A total of 196,543,047 shares were traded during the day as compared to 96,490,520 shares the previous day, whereas the price of shares stood at Rs6.413 billion against Rs4.605 billion on the last trading day.
As many as 331 companies transacted their shares in the stock market; 185 of them recorded gains and 122 sustained losses, whereas the share price of 24 companies remained unchanged.
The three top-trading companies were WorldCall Telecom with 44,210,807 shares at Rs1.26 per share; Maple Leaf with 22,383,945 shares at Rs24.03 per share, and Oil and Gas Dev. with 10,388,052 shares at Rs90.78 per share.
Sapphire Fiber witnessed a maximum increase of Rs71.77 per share price, closing at Rs1,063.99, whereas the runner-up was Reliance Cotton with a Rs45.00 rise in its per share price to Rs645.00.
Sapphire Tex witnessed a maximum decrease of Rs88.49 per share closing at Rs1,091.41; followed by Nestle Pakistan with Rs85.00 decline to close at Rs5,314.00.
