Pakistan Stock Exchange Gains 49 Points amid Bullish Trend

Mon Sep 18 2023
icon-facebook icon-twitter icon-whatsapp

ISLAMABAD: The 100-index of the Pakistan Stock Exchange (PSX) on Monday witnessed a bullish trend while gaining points with a positive change of 0.11 percent to close at 45,803.19 points as compared to 45,753.52 points on the last trading day.

The market witnessed a mixed reaction, where some top-tier companies remained in the green zone and preferred buying; however, others closed their share in the red zone and avoided buying.

At the start of the week, a total of 103,494,874 shares valuing Rs 3.296 billion were transacted against 222,531,077 shares valuing Rs.11.056 billion on Friday. 

Bullish Trend at Pakistan Stock Exchange

At the close of the trade, 308 companies traded their shares in the stock market, out of which 133 witnessed gains and 145 sustained losses, whereas the share price of 30 companies was traded without a change. 

Pak Refinery remained the top trader among top-three trading companies with 7,869,080 shares at Rs 14.78 per share followed by SEARLR2 with 7,346,312 shares at Rs 1.02 per share and Agritech Limited with 6,297,000 shares at Rs 8.25 per share. 

Khyber Tobacco witnessed a maximum appreciation of Rs 24.98 per share price, closing at Rs 375.32, whereas Mari Petroleum XD settled as the runner-up with an increase of Rs.18.60 in its per share price to Rs 1,550.40. 

Meanwhile, Mehmood Textile recorded a maximum decline of Rs.43.53 per share, closing at Rs 536.97, followed by Nestle Pakistan with a decline of Rs.22.50 per share to close at Rs.7,000.00.

icon-facebook icon-twitter icon-whatsapp