ISLAMABAD: The Pakistan Stock Exchange (PSX) continued its Bullish sentiments for the last could of days and on Wednesday the 100-index gained 534.04 points to reach the highest ever during the last 6 years. The index closed with a positive change of 1.11 percent at 48,764.55 points against 48,230.51 points on Wednesday. Last time in June 2017, the index reached above the level of today’s trading.
During the day, 556,141,485 shares were transacted as compared to 556,930,694 shares the previous day, whereas the price of shares stood at Rs 19.989 billion compared to Rs 15.946 billion on the previous trading day.
Bullish Trend at PSX
On Wednesday 353 companies traded their shares in the stock market, 194 of them witnessed gains and 128 sustained losses, whereas the share price of 31 companies remained unchanged.
Cnergyico PK stood on the front among the three top-trading companies with 92,895,571 shares at Rs 3.75 per share, while Bank of Punjab settled as the runner-up with 46,991,000 shares at Rs.4.82 per share followed by Pak Refinery with 31,345,365 shares at Rs 18.40 per share.
Nestle Pakistan recorded a maximum increase of Rs 150.00 in its per share price, closing at Rs7,150.00 whereas Sapphire Tex settled as the runner-up with an increase of Rs 39.88 in its per share price to Rs 1,164.87.
Blessed Tex recorded a maximum decline of Rs 27.74 per share closing at Rs 342.24, followed by Philip Morris Pak with a decrease of Rs 12.50 to close at Rs 430.00.
