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PSX as benchmark gains 721 points

MM News Staff by MM News Staff
October 13, 2023
Reading Time: 1 min read

The 100-index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Friday and gained 721.76 points, a positive change of 1.48 per cent, closing at 49,493.47 points against 48,771.71 points the previous day.

A total of 556,389,862 shares valuing Rs.15.450 billion were traded during the day as compared to 342,287,229 shares valuing Rs.11.735 billion the previous day.

As many as 362 companies transacted their shares in the stock market; 240 of them recorded gains and 101 sustained losses, whereas the share price of 21 companies remained unchanged.

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Rupee gains Rs1.08 against dollar in interbank

The three top-trading companies were K-Electric Ltd with 134,871,750 shares at Rs.3.13 per share, PTCL with 48,393,000 shares at Rs7.12 per share and WorldCall Telecom with 33,564,554 shares at Rs.1.34 per share.

Nestle Pakistan witnessed a maximum increase of Rs56.89 per share price, closing at Rs7,198.00, whereas the runner-up was Mari Petroleum with a Rs.33.34 rise in its per share price to Rs1,580.06.

Sapphire Fiber witnessed a maximum decrease of Rs.82.31 per share closing at Rs1,112.69, followed by Bhanero Textile with a Rs14.00 decline to close at Rs986.00.

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