The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index continued with bullish trend on Thursday, gaining 463.85 more points, a positive change of 0.30 percent, closing at 152,666 points.
A total of 954,327,333 shares were traded during the day as compared to 1,043,232,122 shares the previous trading day, whereas the price of shares stood at Rs. 46.053 billion against Rs. 51.308 billion on the last trading day.
As many as 480 companies transacted their shares in the stock market, 208 of them recorded gains and 240 sustained losses, whereas the share price of 32 companies remained unchanged.
Brokerage house Topline Securities highlighted that the rally persisted in today’s trading session, with the market maintaining strong momentum throughout the day.
Major contributors to the index’s upward movement included FFC, LUCK, SYS, MARI, and AKBL, collectively adding 484 points, it added.
The three top trading companies were Bank of Punjab with 99,494,831 shares at Rs. 18.36 per share, K-Electric Limited with 45,314,206 shares at Rs. 5.34 per share and Pak International Bulk with 38,556,661 shares at Rs. 13.44 per share.
READ MORE: PSX Crosses 152,000 Mark as Investors Continue Buying Spree
Hoechst Pakistan Limited witnessed a maximum increase of Rs. 101.89 per share price, closing at Rs. 4,101.27, whereas the runner-up was Sitara Chemical Industries Limited with Rs. 72.52 rise in its per share price to Rs. 797.70.
PIA Holding Company Limited witnessed a maximum decrease of Rs. 475.13 per share closing at Rs. 26,340.67 followed by Siemens (Pakistan) Engineering with Rs. 122.00 decline in its share price to close at Rs. 1553.00.
