Pakistan Stock Exchange Gains 366 Points Amid Bullish Trend

Tue Nov 05 2024
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ISLAMABAD: The 100-Index of the Pakistan Stock Exchange (PSX) witnessed a bullish trend on Tuesday and gained 366.32 points, with a positive change of 0.40 percent. At close the index settled at 92,304.32 points as compared to 91,938.01 points on the previous trading day.

A total of 752,664,527 shares valuing Rs 32.827 billion were transacted as compared to 589,546,678 shares valuing Rs.29.959 billion on Monday.

Meanwhile, on Tuesday, 452 companies traded their shares in the stock market, 223 of them received gains and 169 met with losses, whereas the share prices of 60 remained unchanged.

Power Cement remained the volume leader among the top three trading companies with 66,262,505 shares at Rs 7.79 per share, followed by Sui South Gas with 51,962,511 shares at Rs 16.68 per share and Fauji Foods Limited with 28,095,487 shares at Rs 1.51 per share.

Indus Motor Company Limited recorded a maximum appreciation of Rs.73.60 per share price, closing at Rs 2,062.88, whereas Sazgar Engineering Works Limited was runner-up with a rise of Rs 49.05 in its per share price to Rs 1,081.39.

Unilever Pakistan Foods Limited witnessed a maximum decline of Rs 554.53 per share closing at Rs 18,667.33 followed by Rafhan Maize Products Company Limited with a decrease of Rs 63.26 to close at Rs 7,442.09.

During the last couple of weeks, the Pakistan Stock Exchange witnessed a remarkable and recorded bullish trend.

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