KARACHI: The Pakistan Stock Exchange (PSX) today (Thursday) snapped a three-day bearish spell and rose 61 points on the back of fresh buying on attractive share prices.
However, the benchmark index that breached above 48,000 points support level during intraday came under selling pressure due to profit raking in late hours of the trading day and closed below the mark.
The benchmark KSE-100 index ended the day 61.84 points (0.13 percent) up at 47,962.54 points. The market went as high as 48,117.91 points during intra-day trading, while recorded as low as 47,899.68 points.
Trading volumes increased to 638.8 million shares today, as compared to 619.1 million shares during the last trading day, while the daily traded value moved down to Rs16.37 billion from Rs18.6 billion in the previous session.
As many as 421 companies transacted shares in the stock market, 207 of them recorded gain and 187 sustained losses whereas the share price of 27 companies remained unchanged.
The three top traded companies were WorldCall Telecom with a volume of 97,547,500 shares and price per share of Rs3.86, Pace (Pak) Ltd with a volume of 35,667,000 and price per share of Rs5.85 and Silk Bank Ltd with volume of 33,773,500 and price per share of Rs1.92.
