PSX stays bullish, gains 1,000 points

Business May, 31 2024
PSX stays bullish, gains 1,000 points
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Karachi: Pakistan Stock Exchange (PSX) 100 index gaining 1,000.35 points, positive change of 1.34 percent, closed at 75,878.48 points against 74,878.12 points previous day.

Total of 523,299,973 shares valuing Rs 20.574 billion were traded during day as compared to 410,575,241 shares valuing Rs 14.922 billion previous day. As many as 433 companies transacted their shares in stock market, 236 of them recorded gains and 140 sustained losses, whereas share price of 57 companies remained unchanged. Three top trading companies were K-Electric Limited with 62,228,161 shares at Rs 4.96 per share, Dewan Cement with 31,643,087 shares at Rs 10.94 per share and WorldCall Telecom with 28,533,919 shares at Rs 1.35 per share. Sazgar Engineering Works Limited witnessed maximum increase of Rs 58.23 per share price, closing at Rs 786.14, whereas runner-up was Hoechst Pakistan Limited with Rs 32.65 rise in its per share price to Rs 1,400. PIA Holding Company Limited witnessed maximum decrease of Rs 67.20 per share closing at Rs 775.93, followed by Shahmurad Sugar Mills Limited with Rs 35.37 decline to close at Rs 406.80.

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