KARACHI: Stocks surged at the Pakistan Stock Exchange (PSX) on Tuesday, with the benchmark index gaining over 500 points amid improved market sentiment.
The benchmark KSE-100 Index remained in the green throughout the session, registering its intraday high at 45,406.08 after accumulating 519.19 points. It settled higher by 503.95 points at 45,390.84.
Among other indices, the KMI-30 Index surged 1098.00 points to end at 73,497.23, while the KSE All Share index gained 323.44 points, closing at 31,112.71.
A total of 375,985,013 shares were traded during the day compared to the trade of 195,167,173 shares the previous day whereas the price of shares stood at Rs12.781 billion against Rs6.517 billion the previous day.
As many as 380 companies’ transacted shares in the stock market, 267 of them recorded gain and 89 sustained losses, whereas the share price of 24 companies remained unchanged.
The three top trading companies were Unity Foods Ltd with a volume of 25,719,845 shares and price per share of Rs1.48, TRG Pak Ltd with a volume of 23,015,857 and price per share of Rs123.39 WorldCall Telecom with volume of 22,056,000 and price per share of Rs2.17.
Unilever food witnessed a maximum increase of Rs233.00 per share, closing at Rs19500.00 whereas the runner up was Mehmood Tex, the share prices of which climbed up by Rs33.00 to Rs483.00.
