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PSX ends 307 points higher amid volatile trading

MM News Staff by MM News Staff
January 23, 2021

KARACHI: Another round of volatility continued at the Pakistan Stock Exchange (PSX) on Thursday, as the indices that headed towards the south took a U-turn in the afternoon session to close the day in the green.

The benchmark KSE-100 index gained 307.52 points, with a positive change of 0.67 percent, closing at 45,984.46 points against 45,676.94 points on the last working day.

A total 606,380,017 shares were traded during the day compared to the trade of 476,618,888 shares the previous day whereas the price of shares stood at Rs17.926 billion against Rs19.133 billion previous day.

As many as 387 companies’ transacted shares in the stock market, 209 of them recorded gain and 160 sustained losses whereas the share price of18 companies remained unchanged.

The three top traded companies were K-Electric Ltd with a volume of 143,822,500 shares and price per share of Rs4.25, Hum Network with a volume of 43,378,000 and price per share of Rs7.22 and Pak Int. Bulk with a volume of 31,7430,000 and price per share of Rs12.84.

Rafhan Maize recorded maximum increase of Rs579 per share, closing at Rs10479.00 whereas ICI Pakistan was runner up with the increase of Rs39.88 per share, closing at Rs842.05.

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