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psx 2024 Business National

PSX closes positive, gains over 3,900 points

The KSE-100 index of the Pakistan Stock Exchange (PSX) witnessed a bullish trend, gaining 3,907.82 more points, a positive change of 3.51 percent, closing at 115,259.00 points as compared to 111,351.18 points on the last trading day.

A total of 1,059,020,119 shares were traded during the day as compared to 815,920,043 shares the previous trading day, whereas the price of shares stood at Rs 40.889 billion against Rs. 32.917 billion on the last trading day.

As many as 465 companies transacted their shares in the stock market, 333 of them recorded gains and 84 sustained losses, whereas the share price of 48 companies remained unchanged.

Last week, Fauji foods limited led the trading session with the highest volume, transacting 93,341,113 shares at Rs 16.39 per share, at the KSE-100 index of the Pakistan Stock Exchange (PSX).

The 100-Index of the PSX continued with bearish trend, losing 1,991.49 points, a negative change of 1.77 percent, closing at 110,423.32 points as compared to 112,414.81 points on the last trading day.

Following closely to Fauji Foods, WorldCall Telecom and TRG Pak Limited, with 49,879,145 shares traded at Rs 1.72 per share, and 46,907,628 shares at Rs 70.45 per share, respectively.

These three companies dominated the market, reflecting significant investor interest and contributing to the day’s trading activity.

A total of 628,026,201 shares were traded during the day as compared to 880,598,305 shares the previous trading day, whereas the price of shares stood at Rs 33.582 billion against Rs.54.455 billion on the last trading day.

As many as 450 companies transacted their shares in the stock market, 113 of them recorded gains and 284 sustained losses, whereas the share price of 53 companies remained unchanged.

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