Bulls return to PSX as benchmark index gains 473 points

Bulls return to PSX as benchmark index gains 473 points

KARACHI: After a lackluster performance in the previous session, Pakistan Stock Exchange (PSX) witnessed bullish trend on Thursday, with the benchmark index recovering most losses ahead of Budget 2021-22.

The benchmark KSE-100 Index remained in the green throughout the session, registering its intraday high at 48,287.52. It settled higher by 473.87 points at 48,251.49.

A total of 1,039,362,622 shares were traded during the day compared to the trade of 1,355,169,743 shares the previous day whereas the price of shares stood at Rs26.354 billion.

As many as 417 companies transacted shares in the stock market, 276 of them recorded gain and 117 sustained losses whereas the share price of 24 companies remained unchanged.

The three top traded companies were WorldCall Telecom with a volume of 329,074,500 shares and price per share of Rs4.22, K-Electric Ltd with a volume of 49,097,500 and price per share of Rs4.22 and Hum Network with volume of 43,158,500 and price per share of Rs8.69.