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Bulls return to bourse, index gains 787 points

MM News Staff by MM News Staff
April 10, 2021

KARACHI: The Pakistan Stock Exchange (PSX) managed to regain upward trend on Thursday, with the benchmark index accumulating gains all day long amid positive sentiments.

The benchmark KSE-100 index gained 787.78 points (1.79%) after closing at 44,741.34 points against the previous closing of 43,953.58 points. The market went as high as 44,759.37 points during intra-day trading, while recording as low as 43,953.58 points.

Trading volume inched up to 383.15 million shares today, as compared to 370.5 million traded in the previous session. The daily traded value declined to Rs 17.9 billion from Rs 20.34 billion in the previous session.

The rally in energy, oil, cement and bank sector helped the benchmark index close above 44,500 points level. The three top traded companies were Ghani Glo Hol with a volume of 35,911,500 shares and price per share of Rs26.66, TRG Pak Ltd with a volume of 28,686,579 and price per share of Rs138.13 and Byco Petroleum with volume of 26,027,500 and price per share of Rs9.84.

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