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KARACHI: The Pakistan Stock Exchange (PSX) started the new month with an impressive performance as the benchmark index closed today’s (Tuesday) session at 41,665.27 after 596.45 points (1.45 percent) surge.
Trading at the exchange took off to a positive start and remained in the green during the entire session. The index was able to breach 41,500 by midday and further extended gains before the closing bell.
A total of 362 companies were available for trading out of which there an increase in the value of 242. However, the share prices of 91 entities were slashed with no change recorded in the case of the remaining 29.
News of the COVID-19 vaccine helped extend gains from the previous session. Earlier on Monday, it was announced that the NCOC has finalized procurement of the vaccine at the earliest after news that the Chinese vaccine might not be available for months.
The three top traded companies were Unity Foods with a volume of 67,865,000 shares and price per share of Rs25.66, TRG Pak Ltd with a volume of 37,162,000 and price per share of Rs66.72 and Hum Network with a volume of 32,574,500 and price per share of Rs6.15.
However, Samin Textiles was the worst performer among the 91 companies shedding their share prices. Its value was reduced by 10.97 percent followed by Dewan Sugar Mills 8.62 percent and The Pakistan General Insurance Company 8.47 percent.