The KSE 100-index of the Pakistan Stock Exchange (PSX) turned around to bullish trend on Wednesday, gaining 240.08 points, a positive change of 0.55 percent, closing at 43,676.56 points against 43,436.48 points on the last working day.
A total of 607,995,986 shares were traded during the day compared to the trade of 518,045,853 shares the previous day, whereas the price of shares stood at Rs.11.129 billion against Rs. 16.215 billion on last trading day.
As many as 356 companies transacted shares in the stock market, 153 of them recorded gain and 171 sustained losses, whereas the share price of 32 companies remained unchanged.
The three top trading companies were K-Electric Ltd with a volume of 209,086,000 shares and price per share of Rs.3.73, WorldCall Telecom with volume of 53,211,500 and price per share of Rs.1.30 and Hascol Petrol with volume of 48,292,000 and price per share of Rs.6.67.
Sanofi-Aventis witnessed a maximum increase of Rs.50 per share, closing at Rs.1,540 whereas the runner up was Systems Limited, the share prices of which climbed up by Rs.21.38 to Rs.382.82.
Rafhan Maize witnessed maximum decrease of Rs.200 per share closing at Rs.10,200 followed by Nestle PakistanXD, the share price of which declined by Rs150 to close at Rs.6,000.
Afsheen Gohar believes in the power of clear, straightforward writing. Her blog posts tackle everyday topics with relatable insights and easy-to-follow advice. With a conversational style, she makes complex subjects feel understandable. She’s dedicated to sharing knowledge and empowering readers to take action. Find her latest posts on trending in social.
