ISLAMABAD: After getting 100 plus points last day and over 300 points on Monday, the 100-index of the Pakistan Stock Exchange (PSX) continued the Bullish pace ON Wednesday while having some major improvement. At the closure of the trade, the index gained 323.03 points with a positive change of 0.69 percent and settled at 47,079.83 points against 46,756.80 points last day.
Throughout the day, the market remained in the green zone where most of the companies preferred buying taking the index above the threshold of 47 thousand points.
A total of 330,249,094 shares valuing Rs.7.304 billion were transacted during the day as against 213,188,395 shares valuing Rs. 6.094 billion on Tuesday.
Bullish Trend at PSX
On Wednesday 342 companies traded their shares in the stock market, 172 of them witnessed gains, 134 closed in losses, whereas the share price of 36 companies registered no change.
WorldCall Telecom remained the leader among the top three trading companies with 150,526,082 shares at Rs.1.39 per share followed by Pak Refinery with 12,978,337 shares at Rs.15.89 per share and Bankislami Pak remained as number third from the top with 11,208,643 shares at Rs.17.59 per share.
Colgate PalmXD registered a maximum appreciation in its par share at Rs.45.00, closing at Rs.1,413.21, whereas Mehmood Textile settled as the runner-up with an increase of Rs.23.63 rise in its per share price to Rs.541.63.
Bata (Pak) recorded a maximum decline of Rs.24.00 per share closing at Rs.1,675.00, followed by Premier Sugar with a decrease of Rs.21.37 to close at Rs.500.00.
