ISLAMABAD: After a fluctuated and a bit turbulent day, the 100-index of the Pakistan Stock Exchange (PSX) ended with a bullish trend on Monday while gaining 41.13 points, with a positive change of 0.10 percent as the index closed at 40,246.67 compared to 40,205.54 points on the last trading day.
A total of 94,781,630 shares were transacted during the day against
89,187,909 shares on the last trading day, while the price of shares stood at Rs 3.056 billion compared to Rs 2.766 billion on the last trading day.
Bearish and Bullish Trend at Pakistan Stock Exchange
Earlier, during the start of the day, trading began on a positive note in the context of the reports of expected inflows from Saudi Arabia and UAE, pushing the KSE-100 Index over 40,372. But the market turned back in the middle of the day and then, at the end, closed with 40 plus points in a bullish trend.
Automobile, chemical and entities in power generation sectors gained, while cement, commercial banks and oil & gas marketing companies ended the day with a downward trend.
Meanwhile, on Monday, 336 companies traded their shares in the stock market; 160 of them witnessed gains and 153 sustained losses, while the share price of 23 companies experienced no change at the end.
The three top-trading companies were WorldCall Telecom with 15,634,868 shares at Rs 1.16 per share, Pakistan Alumni with 5,051,000 shares at Rs 49.45per share, and Telecard Limited with 4,589,2878 shares at Rs 8.03 per share.
Nestle Pakistan XD experienced a maximum appreciation of Rs 104.75 per share price, closing at Rs 5250.00, whereas Sapphire stood as the runner-up with a Rs 78.50 rise in its per share price to Rs 1175.00.
Siemens Pak witnessed a maximum decline of Rs 29.99 per share, closing at Rs 570.01, followed by Sapphire Fiber with a decrease of Rs 23.95 to close at Rs 968.88.
