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KARACHI: After a lacklustre performance in the previous sessions, Pakistan Stock Exchange (PSX) witnessed bullish trend on Friday, with the benchmark index recovering most losses.
The benchmark KSE-100 index advanced 340.91 points (0.75 percent) after closing at 45,914.98 points. The market went as high as 45,948.15 points during intraday trading, while recording as low as 45,551.40 points.
Trading volume moved down to 710.4million shares today, as compared to 784m traded in the previous session, according to PSX’s website data. The daily traded value declined to Rs19.65billion from Rs20.8bn in the previous session, the data said.
The share price of Nestle Pakistan increased by Rs247.67 to Rs5,798 while Wyeth Pakistan gained Rs111.30 to Rs1,595.32. On the other hand, Island Textile lost Rs69 today to close at Rs2,231, while Bata Pakistan lost Rs50 to close at Rs1,750.