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PSX gains 296 points to start week on positive note

MM News Staff by MM News Staff
January 31, 2022
Reading Time: 1 min read
It settled higher by 296.77 points at 45,374.68.

It settled higher by 296.77 points at 45,374.68.

KARACHI: The Pakistan Stock Exchange (PSX) witnessed a bullish trend on Monday, with the benchmark index gaining 296.77 points, a positive change of 0.66 points to close at 45,374.68.

The benchmark KSE-100 Index remained in the green throughout the session, registering its intraday high at 45,462.62 after accumulating 384.71 points. It settled higher by 296.77 points at 45,374.68.

A total of 251,682,734 shares, valuing Rs8.563, were traded during the day compared to the trade of 258,912,326 shares worth Rs 8.125, the previous day.

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As many as 360 companies transacted shares in the stock market, 237 of them recorded gain and 96 sustained losses, whereas the share price of 27 companies remained unchanged.

The three top trading companies were Treet Corp with a volume of 22,937,500 shares and price per share of Rs40.69, WorldCall Telecom with a volume of 22,493,500 and price per share of Rs2.24 and TRG Pak Ltd with volume of 18,123,023 and price per share of Rs88.93.

Colgate Palm witnessed a maximum increase of Rs162.98 per share, closing at Rs2447.99 whereas the runner up was Rafhan Maize the share prices of which climbed up by Rs150 to Rs9750.

Sapphire Fiber witnessed maximum decrease of Rs22.31 closing at Rs838.67 followed by Philip Morris Pak, the share price of which declined by Rs20 to close at Rs750.

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