Pakistan Stock Exchange (PSX) continued its strong bullish trend on Wednesday as the benchmark KSE-100 Index gained over 1600 points, to reach 167,142.50 points against 165,476.02 points, soon after the stock market opened.
At 9:45 a.m., the stock market was trading at 166,801.98 points with a positive change of 0.8%.
Previous session:
The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index turned around to a bullish trend on Tuesday, gaining 7,032.60 points, a positive change of 4.44 percent, closing at 165,476.02 points against 158,443.42 points last trading day.
A total of 1,179,987,121 shares were traded during the day, as compared to 1,365,703,374 shares on the previous trading day, whereas the price of shares stood at Rs 59.201 billion against Rs 62.465 billion on the last trading day.
As many as 483 companies transacted their shares in the stock market, 391 of them recorded gains and 69 sustained losses, whereas the share price of 23 companies remained unchanged.
The three top trading companies were Bank of Punjab with 100,722,438 shares at Rs 34.63 per share, PTCL with 79,832,584 shares at Rs 37.05 per share, and Pace (Pak) Limited with 74,773,664 shares at Rs 18.60 per share.
Ismail Industries Limited witnessed a maximum increase of Rs 133.17 per share price, closing at Rs 2,133.17, whereas the runner-up was Hoechst Pakistan Limited with Rs 101.41 rise in its per share price to Rs 4,010.24.
Supernet Technologies Limited witnessed a maximum decrease of Rs 94.52 per share, closing at Rs 1,934.4,0, followed by Hafiz Limited with a Rs 28.97 decline in its share price to close at Rs 311.87.
