PSX turns bullish, gains over 1,700 pts

psx

The 100-Index of the Pakistan Stock Exchange (PSX) turned around to bullish trend on Thursday, gaining 1,719.04 points, a positive change of 1.54 percent, closing at 113,206.40 points as compared to 111,487.36 points on the last trading day.

A total of 483,939,931 shares were traded during the day as compared to 449,244,755 shares the previous trading day, whereas the price of shares stood at Rs26.103 billion against Rs. 28.186 billion on the last trading day.

As many as 441 companies transacted their shares in the stock market, 272 of them recorded gains and 118 sustained losses, whereas the share price of 51 companies remained unchanged.

A day earlier, the 100-Index of the PSX experienced a bearish trend on third consecutive day, losing 543 points, a negative change of 0.48 percent, closing at 111,487.36 points as compared to 112,030.36 points on the last trading day.

A total of 449,244,755 shares were traded during the day as compared to 517,804,378 shares the previous trading day, whereas the price of shares stood at Rs 28.186 billion against Rs29.209 billion on the last trading day.

As many as 447 companies transacted their shares in the stock market, 138 of them recorded gains and 246 sustained losses, whereas the share price of 63 companies remained unchanged.

 

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