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PSX surges as KSE-100 index gains 170 points

MM News Staff by MM News Staff
September 18, 2020
Reading Time: 1 min read

KARACHI: The Pakistan Stock Exchange (PSX) today (Friday) witnessed a profitable session as the KSE-100 index closed at 42,504.76 after gaining 170 points, ending the trading week on a positive note.  

During the session, the KSE-100 Index initially shed around 100 points but later recovered, even reaching the level of 42,554.84 points at one point. Meanwhile, the KMI-30 index gained 433.92 points and closed at 68.322.95 points.

A total of 331,721,308 shares were traded on Friday. With the shares of 366 companies traded, the value of 180 entities was down and of 163 made gains. No change recorded in the case remaining 23.

The Pakistan Stock Exchange has moved up by 1,393.83 points so far this month following the significant gains made in July and August. However, the share prices of five out of the top 10 most active stocks were down – barring the first four and ninth-ranked companies.

The top three active stocks on Friday were Pakistan International Bulk Terminal Limited 75,507,500 shares, Unity Foods Limited 45,277,000 shares, and Fauji Foods Limited 38,861,500 shares.

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