PSX Rates Today 8th July 2024

The Pakistan Stock Exchange (PSX) witnessed a bullish trend on Monday as the 100-index gained 353.41 points, marking a positive change of 0.44 percent. The index closed at 80,566.21 points, up from the last working day’s closing of 80,212.79 points.

Trading Volume and Share Value:

A total of 261,649,614 shares were traded during the day, a decrease compared to the 448,981,017 shares traded on the previous day. The value of shares traded stood at Rs 13.024 billion, down from Rs 18.995 billion on the last trading day.

Market Performance:

Out of 427 companies that transacted their shares in the stock market, 216 recorded gains, 158 sustained losses, and the share prices of 53 companies remained unchanged.

Top Trading Companies:

  • Hum Network: 20,667,563 shares traded at Rs 11.36 per share.
  • National BankXD: 19,555,510 shares traded at Rs 50.92 per share.
  • Bank of Punjab: 17,587,329 shares traded at Rs 5.79 per share.

Top Gainers:

  • Sazgar Engineering Works Limited: Witnessed a maximum increase of Rs 83.98 per share, closing at Rs 998.89.
  • Pakistan Hotels Developers Limited: Recorded a rise of Rs 57.66 per share, closing at Rs 664.60.

Top Losers:

  • Philips Morris (Pakistan) Limited: Experienced the maximum decrease of Rs 61.71 per share, closing at Rs 617.48.
  • Sapphire Textile Mills Limited: Recorded a decline of Rs 27.71 per share, closing at Rs 1,300.00.

The PSX’s performance today reflects positive market sentiment, with significant gains in the 100-index and active trading in various sectors. Investors showed confidence in the market, resulting in a substantial rise in share prices for several companies.

Stay updated with the latest market trends and performance to make informed investment decisions.

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