ISLAMABAD: The Pakistani stock exchange (PSX) after crossing the 50 thousand mark last day, continued the bullish trend as the 100-index gained further 366.72 points with a positive change (0.73 per cent) to close at 50,731.87 points as compared to 50,365.15 points last day.
On Friday, the investors continued buying share and remained in the green zone, possibly due to the appreciation of the local currency against dollar and other international currencies.
During the day, a total of 430,052,557 shares valuing Rs 14.611 billion were transacted against 427,476,593 shares valuing Rs14.593 billion on Thursday.
Bullish Trend at PSX
On Friday, 350 companies traded their shares in the stock market, 188 of them witnessed gains and 145 sustained losses, whereas the share price of 17 companies was traded without a change.
Pak Refinery remained as the volume leader among the top-three trading companies with 42,467,382 shares at Rs 18.13 per share, whereas K-Electric Ltd settled as the runner-up with 35,749,829 shares at Rs 3.26 per share followed by WorldCall Telecom with 31,023,989 shares at Rs 1.28 per share. K-Electric remained among the top three companies for the last couple of days.
Pak Hotels XD recorded a maximum appreciation of Rs 35.72 per share price, closing at Rs 512.25, whereas Murree Brewery XD settled as the runner-up with an increase of Rs 18.67 in its per share price to Rs 267.66.
Nestle Pakistan recorded a maximum decline of Rs 190.00 per share closing at Rs 7,200.00, followed by Pak Tobacco with a decline of Rs 37.60 to close at Rs 737.33.
