Pakistan Stock Exchange Gains 539 Points Amid Bullish Trend

Mon Oct 30 2023
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ISLAMABAD: After a bearish trend on the previous working day, the 100-index of the Pakistan Stock Exchange (PSX) witnessed a significant bullish trend on Monday while gaining 539.09 points with a positive change of 1.06 percent. At close, the index settled at 51,482.93 points against 50,943.84 points on Friday. 

On Monday, a total of 286,621,604 shares valuing Rs11.445 billion were transacted against 350,834,756 shares valuing Rs10.607 billion on the last working day. 

Bullish Trend at Pakistan Stock Exchange

During the day, most of the top-tier and second-tier companies remained in the green zone and preferred buying. In Total, 351 companies traded their shares in the stock market; 232 of them experienced gains and 100 sustained losses, whereas the share price of 19 companies was traded without a change. 

Pak Refinery remained the volume leader among the top three trading companies with 32,398,721 shares at Rs.10.30 per share, followed by Bank of Punjab with 20,348,145 shares at Rs.4.14 per share whereas WorldCall Telecom remained third from the top with 15,202,972 shares at Rs.1.29 per share. 

Unilever Foods recorded a maximum appreciation of Rs.325.00 per share price, closing at Rs.22,225.00, followed by Rafhan Maize with an increase of Rs.199.88 in its per share price to Rs 7,850.00. 

Meanwhile, Sapphire FiberXD witnessed a maximum decline of Rs.86.3 per share, closing at Rs1,071.00, followed by Bhanero Textile XD with a decrease of Rs.59.99 to close at Rs.930.00.

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