PSX observes bullish trend, KSE 100 index surges by over 386 points

KARACHI: The Pakistan Stock Exchange (PSX) has continued with an optimistic trend as KSE 100 index closed at 34,408.05 points as compared to 34,021.97 points on the last working day, with a positive change of 386.08 points (1.13%) on Tuesday.

As per details, a total of 221,691,441 shares were traded compared to the trade 198,095,426 shares during the previous day, whereas the value of shares traded during the day stood at Rs 8.616 billion as compared to Rs7.258 billion during last trading day.

At least 358 companies transacted shares in the PSX, out of which 172 recorded gain and 161 suffered losses while the share price of 25 companies remained unaffected. The top traded companies were TRG Pak Ltd with a volume of 12,572,500 with a price per share of Rs28.07.

Pak Electron with a volume of 14,217,000 shares and a price per share of Rs 24.36 and Hascol Petrol with a volume of 12,348,500 and a price per share of Rs14.61.

Unilever FoodsXD recorded the highest increase of Rs 188 per share, closing at Rs 9899 while Indus Dyeing was runner up with an increase of Rs 43.22 per share, closing at Rs638.

Sapphire Fiber witnessed the highest decline of Rs 55.53 per share, closing at Rs 709, while prices of Ferozsons (Lab) declined by Rs22.76 per share closing at Rs 307.32.

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