PSX continues with bullish trend, gains 463 more points

ISLAMABAD (APP): The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index continued with bullish trend on Thursday, gaining 463.85 more points, a positive change of 0.30 percent, closing at 152,665.72 points against 152,201.88 points last trading day.

A total of 954,327,333 shares were traded during the day as compared to 1,043,232,122 shares the previous trading day, whereas the price of shares stood at Rs 46.053 billion against Rs 51.308 billion on the last trading day.

As many as 480 companies transacted their shares in the stock market, 208 of them recorded gains and 240 sustained losses, whereas the share price of 32 companies remained unchanged.

The three top trading companies were Bank of Punjab with 99,494,831 shares at Rs 18.36 per share, K-Electric Limited with 45,314,206 shares at Rs5.34 per share and Pak International Bulk with 38,556,661 shares at Rs13.44 per share.

Hoechst Pakistan Limited witnessed a maximum increase of Rs 101.89 per share price, closing at Rs 4,101.27, whereas the runner-up was Sitara Chemical Industries Limited with Rs72.52 rise in its per share price to Rs797.70.

PIA Holding Company LimitedB witnessed a maximum decrease of Rs 475.13 per share closing at Rs 26,340.67 followed by Siemens (Pakistan) Engineering with Rs 122.00 decline in its share price to close at Rs 1553.00.

Meanwhile, in the future market, as many as 316 companies traded shares in the market out of which 167 witnessed gain, 145 loss where the prices of 4 companies remained unchanged.