Pakistan Stock Exchange (PSX) witnessed a strong bullish trend on Wednesday as the KSE-100 Index gained 1277 points within 15 minutes after the stock market opened.
At 9:45 am, the stock market was trading at 123,302.11 points against 122,024.44 points in the previous session. The positive change is 1.05%.
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The 100-Index of the Pakistan Stock Exchange (PSX) witnessed a bullish trend on Tuesday, gaining 383.44 points, showing a positive change of 0.32 percent, closing at 122,024.44 points as compared to 121,641.00 points on the last trading day.
A total of 592,952,761 shares were traded during the day as compared to 854,617,208 shares the previous trading day, whereas the price of shares stood at Rs 21.827 billion against Rs 25.793 billion on the last trading day.
As many as 473 companies transacted their shares in the stock market, 230 of them recorded gains and 200 sustained losses, whereas the share price of 43 companies remained unchanged.
The three top trading companies were Cnergyico PK with 61,375,370 shares at Rs 8.03 per share, K-Electric Limited with 59,081,829 shares at Rs 5.62 per share, and Dewan Cement with 45,553,863 shares at Rs 15.52 per share.
Sapphire Fibres Limited witnessed a maximum increase of Rs 96.67 per share, closing at Rs 1,152.79, whereas the runner-up was Sapphire Textile Mills Limited with a Rs 43.08 rise in its share price to close at Rs 1,143.08.
PIA Holding Company Limited witnessed a maximum decrease of Rs 2,879.00 per share price, closing at Rs 25,910.98, whereas the runner-up Khyber Textile Mills Limited with Rs 273.52 decline in its per share price to Rs 2,461.65.