PSX closes in green on range-bound buying

Business Nov, 2 2023
PSX closes in green on range-bound buying
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Karachi: 100-index of Pakistan Stock Exchange continued with bullish trend, gaining 314.12 points, positive change of 0.60 percent, closing at 52,656.76 points against 52,342.64 points previous day.

Total of 475,085,837 shares valuing Rs 14.578 billion were traded during day as compared to 526,463,387 shares valuing Rs 16.512 billion previous day.

As many as 354 companies transacted their shares in stock market, 194 of them recorded gains and 135 sustained losses whereas share price of 25 companies remained unchanged.

Three top-trading companies were WorldCall Telecom with 39,170,148 shares at Rs 1.31per share, TPL Properties with 30,394,707 shares at Rs 13.10 per share and Pak Refinery with 25,930,078 shares at Rs 21.57 per share.

Pak Tobacco witnessed maximum increase of Rs 60.38 per share price, closing at Rs 865.38 whereas runner-up was Packages Ltd with Rs 31.72 rise in its per share price to Rs 461.57.

Faisal Spinning XD witnessed maximum decrease of Rs 25 per share closing at Rs 325 followed by Philip Morris Pak with Rs 13.99 decline to close at Rs 535.

So far, major activity was reported in stocks such as Worldcall Telecom Limited, TPL Properties Limited, Pakistan Refinery Limited, Cnergyico PK Limited and Ghani Global Holdings Limited, Top Line expert said.

Top advancers include Agritech Limited, TPL Corp Limited, TPL Properties Limited, Dandot Cement Company Limited and Leather Up Limited.

 

Published in The Daily National Courier, November, 03 2023

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