ISLAMABAD: After enjoying a bullish trend last week, the 100-index of the Pakistan Stock Exchange (PSX) witnessed another positive day with a bullish trend on Monday, while gaining an agreeable 957.60 points with a positive change (2.03 percent ) and crossed the 48000 benchmark, for the first time since November 2021. After the closing of the trade the index settled at 48,034.60 points against 47,077.00 points on Friday.
At the start of the week, 491,874,957 shares were transacted compared to 455,106,081 shares last day, whereas the price of shares stood at Rs 17.884 billion compared to Rs 17.879 billion on Friday.
Bullish Trend at PSX
On Monday 358 companies traded their shares in the market, 188 of them recorded gains and 144 remained in the red zone with losses, whereas the share price of 26 companies was settled without a change.
WorldCall Telecom remained the leader among the three top-trading companies with 49,335,324 shares at Rs 1.36 per share and K-Electric Ltd remained as the runners-up with 39,447,916 shares at Rs.2.42 per share followed by Cynergyico Pk with 32,410,155 shares at Rs 3.48 per share.
Unilever Foods recorded a maximum increase of Rs 1,050.00 per share price, closing at Rs 23,850.00 while Nestle Pakistan stood as the runner-up with an increase of Rs 60.00 in its per share price to Rs 6,950.00.
Meanwhile, Sanofi-Aventis recorded a maximum decline of Rs 30.40 per share closing at Rs 720.00, followed by Pak Services with a decrease of Rs 24.79 in its share to close at Rs 725.21.
