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KARACHI: The investors breathed a sigh of relief today (Tuesday) as the Pakistan Stock Exchange (PSX) didn’t repeat the previous day’s performance and floated along in the positive territory.
The benchmark KSE-100 index gained closed at 39,863 points, with a positive change of 230.84 points (0.58%). The index remained positive throughout the day. It breached the technical barrier of 40,000 in the first half of trading.
Selling pressure at those levels caused it to remain under the 40,000 mark for the second half of trading while still closing in the green at the end of trading. The market posted gains on the back of positive vaccine news as Oxford also announced a successful Covid-19 vaccine.
As many as 377 companies transacted shares in the stock market, 211 of them recorded gain and 137 sustained losses whereas the share price of 29 companies remained unchanged.
The three top traded companies were Unity Foods Ltd with a volume of 19,008,000 shares and price per share of Rs23.12, Maple Leaf with a volume of 14,519,122 and price per share of Rs37.41 and TRG Pak Ltd with a volume of 12,665,500 and price per share of Rs51.11.
The Mari Petroleum recorded a maximum increase of Rs1306.14 per share, closing at Rs1306.14 whereas Sunrays TextileXD was runner up with an increase of Rs25.98 per share, closing at Rs376.99.
