PSX Extends Bullish Trend, Gains 200 Points

Wed Feb 08 2023
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Ahmed Mukhtar Naqshbandi

ISLAMABAD: The bullish trend of Pakistan Stock Exchange (PSX)’s 100-index continued on Wednesday, with a gain of 200.56 points, a 0.48 percent positive change, thus closing at 41,723.32 points as opposed to 41,522.76 points the last day.

As many as 297,773,210 shares in total were traded during the day as opposed to 296,595,844 shares the last day, whereas the price of shares amounted to Rs12,072 billion as opposed to Rs12,519 billion on the last trading day.

A total of 346 companies transacted their shares in the PSX; with 185 of them seeing gains and 132 suffering losses, whereas the share price of as many as 29 companies stayed the same.

WorldCall Telecom tops trading at PSX

The three top companies that traded at PSX were WorldCall Telecom with 64,461,125 shares at a value of Rs1.31 per share, Oil and Gas Development with 22,259,031 shares at a value of Rs99.78 per share, and Pak Petroleum with 15,889,192 shares at a value of Rs80.05 per share.

Bhanero Tex witnessed a maximum appreciation of Rs76.51 per share price, and closed at Rs1,096.61, whereas at second was Lucky Core Ind.XD with a Rs34.74 increase in its per share price to Rs560.74.

Sapphire Fiber saw a maximum depreciation of Rs41.67  per share closing at Rs1,100.00, and followed by Sapphire Tex which witnessed a Rs38.27 decline to close at Rs986.73.

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