ISLAMABAD: After losing 42 points last day, the 100-index of the Pakistan Stock Exchange (PSX) bounced back on Wednesday to continue its bullish trend while gaining 149.19 points with a positive change of 0.29 percent.
At the closing of the day, the index settled at 51,177.13 points as compared to 51,027.94 points on Tuesday. Meanwhile, on Monday, the index gained a significant 750 points to cross the 51 thousand benchmark.
On the other hand, on Wednesday, during the middle session, the index even crossed, gaining 400 points; however, it later slid down to 149 points with a bullish trend.
During the trade, a total of 427,393,948 shares valuing Rs.15.509 billion were transacted against 321,403,857 shares valuing Rs.11.091 billion last day.
Bullish Trend at PSX
On Wednesday, 351 companies traded their shares in the market; 175 of them remained in the green zone with gains, and 160 suffered losses, whereas the share price of 16 companies recorded no change.
WorldCall Telecom remained the volume leader among the top-three trading companies with 80,693,963 shares at Rs.1.38 per share, whereas Bank of Punjab settled as the runner-up with 22,478,548 shares at Rs.4.36 per share, followed by Fauji Cement with 21,267,000 shares at Rs.13.59 per share.
Nestle Pakistan recorded a maximum increase of Rs100.00 per share price to settle at Rs 7,300.00, whereas Sanofi-Aventis traded as the runner-up with an increase of Rs.60.67 in its per share price to Rs 869.61.
Unilever Foods witnessed a maximum depreciation of Rs1,000.00 per share, closing at Rs.21,000.00, followed by Bhanero Tex XD with a decrease of Rs.34.00 to close at Rs.925.00.
