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KARACHI: The Pakistan Stock Exchange (PSX) continued to head north on Friday, with the indices accumulating gains all day long amid positive sentiments.
Pakistan Stock Exchange managed to break the bearish spell that dominated the start of the week and closed the week on bullish notes. The market extended the recovery drive for two days to breach and closed at 45,000 points.
Karachi Share Index (KSE-100) ended the day with 450.21 points (0.99 percent) up at 45,186.48 points against the previous closing of 44,741.36 points. The market went as high as 45,249.98 points during intra-day trading, while recording as low as 44,741.36 points.
Trading volume increased to 688.03 million shares today as compared to 383 million traded in the previous session, according to PSX website data. The daily traded value inclined to Rs 25.34 billion from Rs 17.97 billion in the previous session, the data said.
The share price of Sapphire Textile increased by Rs60.07 to Rs861.07, while Nestle Pakistan gained Rs49 to Rs5,849. On the other hand, Indus Motor Company lost Rs12.47 today to close at Rs 1,109.71, while Imrooz Modaraba lost Rs 11.02 to close at Rs 139.76.