Pakistan Stock Exchange (PSX) continued the bullish trend on Monday as the benchmark KSE-100 Index gained 172.77 points to close at 139,380.05 points against 139,207.28 points in the previous session.
The stock market opened in green and continued the rally to reach 140,149.23 points; however, after midday trading, selling pressure emerged, and the stock market could not maintain the gain but still closed higher than the previous session.
A total of 213,729,065 shares were traded during the day, as compared to 634,810,939 shares on the previous trading day, whereas the price of shares stood at Rs 23.627billion against Rs 24.611 billion on the last trading day.
As many as 483 companies transacted their shares in the stock market, 251 of them recorded gains and 205 sustained losses, whereas the share price of 27 companies remained unchanged.
Buying was observed in key sectors, including automobile assemblers, commercial banks, oil and gas exploration companies, OMCs, and refineries traded in the green. Index-heavy stocks, including PRL, ARL, MARI, OGDC, PPL, POL, PSO, SSGC, and SNGPL, traded in the green.
