PSX Stays Bullish, Gains 1,047 Additional Points

Fri Oct 25 2024
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ISLAMABAD: The 100-Index of the Pakistan Stock Exchange (PSX) observed a bullish trend on fifth consecutive day and crossed another milestone by reaching a historic bench mark of 89,993.97 points on Friday.

Overall, the PSX gained 1,047.98 points, with a positive change of 1.18 percent as compared to previous day’s trading of 88,945.99 points.

A total of 695,544,676 shares were entertained during the day as compared to 757,648,007 shares the previous trading day, whereas the price of shares stood at Rs 37.873 billion against Rs. 36.047 billion on the last working day.

As many as 457 companies transacted their shares in the stock market, 181 of them registered gains and 222 met losses, whereas the share price of 54 companies remained unchanged.

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The three top trading companies were Fauji Foods Limited with 57,561,820 shares at Rs 10.01 per share, followed by K-Electric Limited with 41,399,129 shares at Rs 4.58 per share whereas Sui South Gas settled with 38,036,205 shares at Rs 11.98 per share.

Rafhan Maize Products Company Limited recorded a maximum increase of Rs.371.44 per share price, closing at Rs 7,400.00, whereas Unilever Pakistan Foods Limited was the runner-up with Rs 229.44 rise in its per share price to Rs 18,685.00.

Sapphire Textile Mills Limited witnessed a maximum decline of Rs 73.47 per share closing at Rs 1,101.53 followed by Nestle Pakistan Limited with a decrease of Rs 59.84 to close at Rs 6,565.12.

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