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PSX closes positive, gains over 550 pts

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The KSE-100 Index of the Pakistan Stock Exchange (PSX) continued with bullish trend, gaining 574.11 points, a positive change of 0.50 percent, closing at 114,804.17 points as compared to 114,230.06 points on the last trading day.

A total of 589,463,320 shares were traded during the day as compared to 521,209,059 shares the previous trading day, whereas the price of shares stood at Rs32.584 billion against Rs. 28.287 billion on the last trading day.

As many as 463 companies transacted their shares in the stock market, 269 of them recorded gains and 137 sustained losses, whereas the share price of 57 companies remained unchanged.

Last week, the 100 Index of the PSX witnessed a bearish trend, losing 202.44 points, a negative change of 0.17 percent, closing at 116,052.68 points as compared to 116,255.13 points on the last trading day.

A total of 792,770,655 shares were traded during the day as compared to 819,805,715 shares the previous trading day, whereas the price of shares stood at Rs 39.694 billion against Rs. 38.326 billion on the last trading day.

As many as 453 companies transacted their shares in the stock market, 133 of them recorded gains and 275 sustained losses, whereas the share price of 45 companies remained unchanged.

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