KARACHI: After a lacklustre performance in the past four sessions, the Pakistan Stock Exchange (PSX) witnessed bullish trend on Monday, with the benchmark index gaining 229 points to close up 0.49 percent.
The benchmark KSE-100 Index remained in the green throughout the session, registering its intraday high at 47,468.14 after accumulating 331.61 points. It settled higher by 229.17 points at 47,365.70.
Trading volume clocked in at 382.6 million shares compared to 382.4 million shares traded on Friday [August 27]. The average traded value declined by 8% to reach $74.3 million against the $80.1 million value recorded in the previous session.
Sectors dragging the benchmark KSE 100 index north included power generation and distribution (75.80 points), refinery (42.63 points), and oil and gas exploration (41.55 points).
Byco Petroleum remained the volume leader with 42.95 million shares, followed by Ghani Global Holdings with 29.88 million shares, and WorldCall Telecom at 26.78 million shares.
During the session, shares of 605 listed companies were traded. At the end of the session, 309 stocks closed in the green, 200 in the red and 96 remained unchanged.
