Ahmed Mukhtar Naqshbandi
ISLAMABAD: The 100-index of the Pakistan Stock Exchange (PSX) experienced a bullish trend on Monday, gaining 722.47 points with a positive change of 1.79 percent, closing at 41,193.63 as compared to 40,471.16 points on the last trading day.
On first working day of the week, a total of 176,726,529 shares were transacted against 105,053,350 shares on Friday, whereas the price of shares stood at Rs 8.794 billion as compared to Rs 4.181 billion on Friday.
Bullish Trend in Pakistan Stock Exchange
As many as 332 companies traded their shares in the stock market; 198 of them recorded gains, and 107 sustained losses, while the share price of 27 companies remained unchanged.
The three top-trading companies were Pak Petroleum, Sui North Gas and Oil and Gas Dev. with 21,833,048 shares at Rs.80.15 per share, 13,436,966 shares at Rs 43.47 per share, and 10,552,549 shares at Rs.92.38 per share respectively.
Rafhan Maize recorded a maximum increase of Rs.299.00 per share price, closing at Rs.8,299.00
whereas Sapphire Tex grabbed the runner-up slot with a rise of Rs.76.50in its per-share price to Rs.1,096.50.
Unilever Foods witnessed a maximum decline of Rs.353.93 per share, closing at Rs 23,646.07, followed by Nestle Pakistan with a decrease of Rs 64.01 to close at Rs.5,29.99.
