PSX witnesses bullish trend, gains 722pts

Business Feb, 7 2023
PSX witnesses bullish trend, gains 722pts
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Karachi: Pakistan Stock Exchange (PSX) KSE-100 index witnessed bullish trend, gaining 722.47 points, positive change of 1.79 percent, closing at 41,193.63 against 40,471.16 points previous day.

Total of 176,726,529 shares were traded during day as compared to 105,053,350 shares previous day, whereas price of shares stood at Rs 8.794 billion against Rs 4.181 billion on last trading day.

As many as 332 companies transacted their shares in stock market, 198 of them recorded gains and 107 sustained losses, whereas share price of 27 companies remained unchanged.

Three top-trading companies were Pak Petroleum with 21,833,048 shares at Rs 80.15 per share, Sui North Gas with 13,436,966 shares at Rs 43.47 per share and Oil and Gas Dev. with 10,552,549 shares at Rs 92.38 per share.

Rafhan Maize witnessed maximum increase of Rs 299.00 per share price closing at Rs 8,299.00 whereas runner-up was Sapphire Tex with Rs 76.50 rise in its per share price to Rs 1,096.50. Unilever Foods witnessed maximum decrease of Rs 353.93 per share closing at Rs 23,646.07 followed by Nestle Pakistan with Rs 64.01 decline to close at Rs 529.99.

Published in The Daily National Courier, February, 07 2023

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