PSX closes in green on range-bound buying

Business Nov, 2 2023
PSX closes in green on range-bound buying
  • 192
  • 0

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

Like Business on Facebook, follow @DailyNCourier on Twitter to stay informed and join in the conversation.

NC Big Stories

IDEAS 2024 solidifies Pakistan position as a key player: Murad

KARACHI: Sindh Chief Minister Syed Murad Ali Shah has said that IDEAS 2024 has further solidified Pakistan’s position as a key player in global defence and diplomacy, with the nation firmly committed to fostering peace through strength and coll...

Gunmen kill 42, attacking passengers’ vehicles in Kurram district

ISLAMABAD: At least 42 people were killed and several others injured when unidentified gunmen opened fire on a convoy of passenger vehicles in Kurram district, Khyber Pakhtunkhwa (K-P), yesterday. The attack occurred in the remote Ochut area, a mount...

Sindh CM urges federal govt to convene CCI meeting

KARACHI: Chief Minister (CM) Sindh Murad Ali Shah urged the federal government to convene meeting of the Council of Common Interest (CCI). As per details, the Sindh CM said that Article 154 (3) made it mandatory for the federal government to summon t...

The favorite star of Hum TV & Farhat Ishtiaq

Ahad Raza Mir, one of the brightest stars of the current generation, is known for his diverse roles and successful career. As the son of the legendary Asif Raza Mir, Ahad quickly carved out his own place in the entertainment industry with a unique se...

More like this
Related

Rohde & Schwarz Pakistan concludes day 01 of IDEAS 2024 on a positive note

KARACHI: 12th edition of IDEAS 2024 got underway today i.e. 19th November 2024 at Kashmir Hall, Karachi Expo Centre, Karachi. inauguration ceremony was a grand affair attended delegates, exhibitors, senior members of armed forces and selected members...

Gold prices hit one-week high

KARACHI: Gold prices continued their upward momentum on Wednesday, marking a one-week high as investors sought the safety of the precious metal amid growing geopolitical uncertainty, particularly the escalating Russia-Ukraine conflict. Spot gold ros...

Profit-taking drags PSX down, KSE-100 falls by 310 points

KARACHI: The Pakistan Stock Exchange (PSX) saw profit-taking on Wednesday, resulting in a decline of 310 points in the benchmark KSE-100 Index, which closed at 95,546.45, down 0.32%. The session began on a positive note, with the KSE-100 rising to a...

Ahsan Iqbal proposes GSP-Plus and 5Es framework for export-led growth

ISLAMABAD: Minister for Planning, Development and Special Initiatives, Professor Ahsan Iqbal, proposed a comprehensive strategy to align the European Union’s Generalized Scheme of Preferences (GSP-Plus) program with Pakistan’s 5Es framewo...
Need Help? Chat with us