PSX stays bullish gaining 670 points

The KSE 100-index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Friday, gaining 670.87 points, a positive change of 1.62 percent, closing at 42,096.24 points against 41,425.37 points on the last working day.

A total of 406,680,986 shares were traded during the day compared to the trade of 275,431,074 shares the previous day, whereas the price of shares stood at Rs.11.636 billion against Rs.7.904 billion on last trading day.

As many as 345 companies transacted shares in the stock market, 264 of them recorded gain and 58 sustained losses, whereas the share price of 23 companies remained unchanged.

The three top trading companies were Cnergyico Pk with a volume of 64,344,705 shares and price per share of Rs5.51, Pak Refinery with volume of 29,939,099 and price per share of Rs.18.01 and WorldCall Telecom with volume of 20,360,500 and price per share of Rs.1.30.

Allahwasaya Tex witnessed a maximum increase of Rs.271.95 per share, closing at Rs.3,898.45 whereas the runner up was Nestle PakistanXD, the share prices of which climbed up by Rs.190.10 to Rs.6,185.

Bata (Pak) witnessed maximum decrease of Rs.154.89 per share closing at Rs.1,945.11 followed by Sanofi-Aventis, the share price of which declined by Rs50 to close at Rs1,220.

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