KARACHI: After a lacklustre performance in the previous session, Pakistan Stock Exchange (PSX) on witnessed bullish trend on Friday, with the benchmark index recovering most losses.
The KSE 100 index benchmark sunk by 113.4 points to reach its day’s low of 44,968.90. It then recovered in the second half and after gaining 395.29 points, touched an intraday high of 45,364.19.
The index finally closed higher by 263.35 points at 45,345.65. Among other indices, the KMI 30 index appreciated by 719.23 points (0.98pc) to close at 73,865.44, while the KSE All Share index gained 175.06 points, ending at 31,051.00.
A total of 242,263,117 shares were traded during the day compared to the trade of 345,295,628 shares the previous day whereas the price of shares stood at Rs7.933 billion against Rs13.239 billion the previous day.
As many as 354 companies transacted shares in the stock market, 208 of them recorded gain and 124 sustained losses, whereas the share price of 22 companies remained unchanged.
The three top trading companies were Telecard Limited with a volume of 26,149,000 shares and price per share of Rs18.43, WorldCall Telecom with a volume of 21,662,500 and price per share of Rs2.28 and TRG Pak Ltd with volume of 18,994,513 and price per share of Rs105.76.
Rafhan Maize witnessed a maximum increase of Rs599 per share, closing at Rs9900 whereas the runner up was Bata (Pak)XD, the share prices of which climbed up by Rs153.70 to Rs2203.70.
