Pakistan Stock Exchange(PSX) on Tuesday witnessed a strong bullish trend as the benchmark KSE-100 Index gained 1202.03 points, representing a positive change of 0.87%, closing at 139,419.61 points against 138,217.58 points in the previous session.
The stock market opened in the green and continued the bullish trend during the whole session. The market also reached 139,901.77 points in the intraday trading.
A total of 245,724,120 shares were traded during the day, as compared to 608,186,190 shares on the previous trading day, whereas the price of shares stood at Rs 25. 474 billion against Rs 23.523 billion on the last trading day.
As many as 477companies transacted their shares in the stock market, 268 of them recorded gains and 177sustained losses, whereas the share price of 32 companies remained unchanged.
Buying was observed in key sectors, including commercial banks, cement, oil and gas exploration companies, OMCs, power generation, and refinery. Index-heavy stocks, including MARI, OGDC, PPL, POL, PSO, SNGPL, HUBCO, MCB, and MEBL, traded in the green.
