The Pakistan Stock Exchange’s (PSX) 100-index saw a bullish trend on Monday, rising 485.96 points, or 1.23 percent, to close at 40,155.16 as opposed to 39,669.20 points the day before. The total number of shares exchanged throughout the day was 146,880,187, up from 132,633,704 the day before. The price of the shares was Rs. 5.134 billion, up from Rs. 4.590 billion the previous trading day.
A total of 329 firms traded shares on the stock market; 207 of them saw gains, 108 suffered losses, and 14 saw their share prices remain steady. Pak Petroleum had 11,055,491 shares at Rs 61.78 per share, Oil and Gas Dev. had 7,699,788 shares at Rs 76.87 per share, and WorldCall Telecom had 6,790,855 shares at Rs 1.23 per share. These three businesses had the highest volume of shares traded.
Pak Services came in second with a per-share price increase of Rs 99.00 to Rs 1599.00, while Nestle Pakistan saw a highest increase of Rs 364.87, finishing at Rs 5229.87. Pak Tobacco trailed Bhanero Textile with a greatest fall of Rs 57.00 per share to conclude at Rs 915.00. Bhanero Textile saw a maximum reduction of Rs 72.93 per share to close at Rs 1051.01.
To read our blog on “KSE-100 climbs 692 points, with energy stocks driving the advance,” click here.
