PSX turns around, gains 310pts

Business Sep, 1 2023
PSX turns around, gains 310pts
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Karachi: 100-index of Pakistan Stock Exchange (PSX) turned around to bullish trend and gained 310.24 points, showing growth of 0.69 percent, closing at 45,312.66 points against 45,002.41 points previous trading day.

Total of 161,824,998 shares were traded during day as compared to 287,356,194 shares, whereas trading value of shares was recorded at Rs 4.464 billion against Rs 12.303 billion on last trading day.

As many as 294 companies transacted their shares in stock market; 197 of them recorded gains and 81 sustained losses, whereas share price of 16 companies remained unchanged.

Three top-trading companies were Nishat ChunPow with 14,182,000 shares at Rs 17.97 per share, WorldCall Telecom with 12,700,976 shares at Rs 1.15 per share and Al-Shaheer Corporation with 12,148,327 shares at Rs 9.50 per share.

Nestle Pakistan witnessed maximum increase of Rs 89 per share price, closing at Rs 7,000 whereas runner-up was Indus Motor Company with Rs 52 rise in its per share price to Rs 987.71.

Bhanero Textile witnessed maximum decrease of Rs 34.99 per share closing at Rs 8,90.01 followed by Premium Textile with Rs 29.98 decline to close at Rs 370.15.

Published in The Daily National Courier, September, 02 2023

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