ISLAMABAD The 100-index of the Pakistan Stock Exchange (PSX) witnessed a bullish trend on Thursday, gaining 684.25 points with a positive change of 0.84 percent. At close the index settled at 81,839.86 points against the last closing of 81,155.61 points.
A total of 470,310,927 shares were entertained during the day as compared to 441,338,958 shares the previous day, whereas the price of shares stood at Rs 25.349 billion against Rs 27.228 billion on the last trading day.
Around 457 companies transacted their shares in the stock market, 242 of them registered gains and 155 met losses, whereas the share price of 60 companies remained unchanged.
The three top trading companies were Pak Elektron with 47,990,977 shares at Rs 28.65 per share, followed by PIA Housing Company with 25,362,682 shares at Rs 19.25 per share whereas PTCL settled with 25,028,450 shares at Rs13.70 per share.
Rafhan Maize Products Company Limited recorded a maximum increase of Rs 130.00 per share price, closing at Rs 7,730.00, whereas the runner-up was PIA Holding Company Limited with a Rs 80.87 increase in its per share price to Rs 1,037.30.
Pakistan Tobacco Company Limited witnessed a maximum decline of Rs 69.75 per share closing at Rs 944.50, followed by Data Agro Limited with a Rs34.90 decline to close at Rs.332.49.
Analysts have attributed the positive trend to many factors including the staff-level deal with the International Monetary Fund (IMF).
