ISLAMABAD: The Pakistan Stock Exchange (PSX) has obtained a remarkable milestone, as it surpassed the 87,000-point mark for the first time in its history, marking a key moment in the nation’s financial markets.
On Wednesday, the benchmark 100-index increased by 727.96 points, with a positive change of 0.84 percent, pushing it to an all-time high of 87,194.54 points. This historic increase shows growing investor confidence and highlights the resilience of the country’s economy despite international economic challenges.
Overall, 699,294,030 shares were entertained during the day as compared to 722,209,194 shares the previous working day, whereas the price of shares stood at Rs 26.824 billion against Rs.25.024 billion on the last trading day.
As many as 447 companies traded their shares in the stock market, 214 of them witnessed gains and 173 met losses, whereas the share price of 60 companies remained unchanged.
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K-Electric Limited remained the volume leader among the top-three trading companies 207,635,816 shares at Rs 4.67 per share, whereas WorldCall Telecom settled as the runner-up with 42,917,587 shares at Rs 1.29 per share followed by Pak International Bulk settled with 33,969,303 shares at Rs 5.96 per share.
Unilever Pakistan Foods Limited recorded a maximum increase of Rs 96.84 per share price, closing at Rs 18,263.67, whereas Siemens (Pakistan) Engineering was runner-up with Rs 92.57 rise in its per share price to Rs 1,018.23.
Rafhan Maize Products Company Limited registered a maximum depreciation of Rs 61.88 per share closing at Rs 7,300.00 followed by Pakistan Engineering Company Limited with a decrease of Rs 28.60 to close at Rs 896.39.
