KARACHI: Pakistan Stock Exchange (PSX) rallied on Tuesday, jumping past the 45,000 mark for the first time in 15 months after the country received $2 billion from Saudi Arabia.
At close, the benchmark index settled at 45,155.79, an increase of 570.67 points or 1.28%. The KSE-100 has added 3,703 points since it began trading after the IMF agreement.
A total of 555,100,181 shares were traded during the day as compared to 440,221,059 shares the previous day, whereas the price of shares stood at Rs.15.487 billion against Rs.12.086 billion on the last trading day.
As many as 363 companies transacted their shares in the stock market; 253 of them recorded gains and 92 sustained losses, whereas the share price of 18 companies remained unchanged.
The three top-trading companies were WorldCall Telecom with 35,089,048 shares at Rs.1.28 per share; Pak Refinery with 31,421,276 shares at Rs.16.95 per share and Fauji Foods Ltd with 23,204,209 shares at Rs.6.74 per share.
Rafhan Maize witnessed a maximum increase of Rs.242.95 per share price, closing at Rs.8,597.95, whereas the runner-up was Khyber Textile with an Rs.55.89 rise in its per share price to Rs.801.09.
Bata (Pak) witnessed a maximum decrease of Rs.38.35 per share closing at Rs.1,714.65; followed by Siemens Pakistan with Rs.16.01 decline to close at Rs.699.99.
