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Bulls return to bourse as benchmark index gains 235 points

MM News Staff by MM News Staff
February 18, 2022
Reading Time: 1 min read
It closed higher by 234.77 points at 45,675.87.

It closed higher by 234.77 points at 45,675.87.

KARACHI: The Pakistan Stock Exchange (PSX) changed its path on Friday, with the benchmark index ending the trading session in the green.

The benchmark KSE-100 index remained in the green zone throughout the session, registering its intraday high at 45,705.50 34,048.56 after gaining 264.4 points. It closed higher by 234.77 points at 45,675.87.

Among other indices, the KMI-30 Index accumulated 446.48 points to settle at 73,955.13, while the KSE All Share Index gathered 112.97 points, ending at 31,255.99.

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A total of 194,053,663 shares were traded during the day compared to the trade of 152,862,750 shares the previous day whereas the price of shares stood at Rs4.314 billion against Rs4.778 billion the previous day.

As many as 333 companies transacted shares in the stock market, 179 of them recorded gain and 131 sustained losses, whereas the share price of 23 companies remained unchanged.

The three top trading companies were Bank of Punjab with a volume of 60,301,500 shares and price per share of Rs8.26, Soneri Bank Ltd with a volume of 16,356,000 and price per share of Rs10.50 and Telecard Limited with volume of 11,100,911 and price per share of Rs15.99.

Nestle Pakistan witnessed a maximum increase of Rs99 per share, closing at Rs5749 whereas the runner up was Unilever Foods, the share prices of which climbed up by Rs500 to Rs21,500.

Bata Pak witnessed maximum decrease of Rs71.50 closing at Rs2101 followed by Allawasaya Tex the share price of which declined by Rs127.66 to close at Rs1574.56.

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