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PSX witnesses bullish trend as market gains 421 points

MM News Staff by MM News Staff
June 14, 2021
Reading Time: 1 min read
The benchmark KSE-100 Index remained in the green zone throughout the day

The benchmark KSE-100 Index remained in the green zone throughout the day

ISLAMABAD: The Pakistan Stock Exchange (PSX) on Monday witnessed the bullish trend, gaining 421.36 points, with a positive change of 0.87 percent.

The benchmark KSE-100 Index remained in the green zone throughout the day, registering its intraday high at 48,981.82 after gaining over 600 points in early trade. It settled higher by 421.36 points at 48,726.08.

A total of 1,217,847,122 shares were traded during the day compared to the trade of 1,024,223,098 shares the previous day, whereas the price of shares stood at Rs42.852 billion against Rs24.881 billion the previous day.

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As many as 413 companies transacted shares in the stock market, 238 of them recorded gain and 161 sustained losses whereas the share price of 14 companies remained unchanged.

The three top trade companies were Byco Petroleum with a volume of 109,211,000 shares and price per share of Rs11.83, Hum network with a volume of 108,394,500 and price per share of Rs8.62 and WorldCall Telecom with volume of 98,041,000 and price per share of Rs8.69.

Rafhan Maize witnessed maximum increase of Rs190 per share, closing at Rs9690 whereas Wyeth Pak Ltd was runner up, share prices of which increased by Rs150.47, closing at Rs2156.84.

Sapphire Fiber recorded a maximum decrease of Rs37.97 per share, closing at Rs762.03 followed by Faisal Spinning, the share prices of which decreased by Rs20 per share, closing at Rs410.

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