Pakistan Stock Exchange (PSX) on Monday witnessed a strong bullish trend and the benchmark KSE-100 Index gained 1536.70 points, with a positive change of 1.34%, to 116,390.03 points against the 114,853.33 points in the previous session.
The stock market opened in the green on the first trading day of the week and bulls dominated the entire session to reach the highest of 116,494.19 points.
A total of 272,019,976 shares were traded during the day as compared to 458,589,593 shares the previous trading day, whereas the price of shares stood at Rs19.99 billion against Rs31.628 billion on the last trading day.
As many as 455 companies transacted their shares in the stock market, 247 of them recorded gains and 145 sustained losses, whereas the share price of 63 companies remained unchanged.
Buying was observed in key sectors including automobile assemblers, cement, commercial banks, oil and gas exploration companies, OMCs, and power generation. Index-heavy stocks, including HUBCO, SNGPL, OGDC, PPL, POL, HBL, MCB, and UBL, traded in the green.
