Pakistan Stock Exchange Turns to Bullish Trend, Gains 657 Points

Mon Jan 22 2024
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ISLAMABAD: Pakistan Stock Exchange’s (PSX) 100-index turned around to bullish trend on Monday, gaining 657.19 points, a positive change of 1.04%, closing at 63,939.41 points against 63,282.23 points the previous trading day.

A total of 298,699,061 shares valuing 12.515 billion rupees were traded during the day, in contrast to 287,310,860 shares valuing 9.320 billion rupees the last day.

Some 335 companies transacted their shares in the stock market; 140 of them registered gains, and 171 sustained losses, whereas the share prices of twenty-four remained unchanged.

The three top-trading companies were K-Electric Ltd with 97,700,790 shares at 5.57 rupees per share, Pak Petroleum with 23,338,496 shares at 131.01 rupees per share, and PIAC(A) with 21,105,500 shares at 12.07 rupees per share.

Companies’ Share Prices at Pakistan Stock Exchange

Nestle Pakistan Limited recorded a maximum increase of 70.00 rupees per share price, closing at 8,270.00 rupees, whereas the runner-up was Mari Petroleum Company Limited with a 53.28 rupees rise in its per share price to 2,428.65 rupees.

Honda Atlas Cars (Pakistan) Limited registered a maximum decrease of 20.53 rupees per share, closing at 254.06 rupees, followed by JDW Sugar Mills Limited, with 19.00 rupees, declining to close at 415.00 rupees.

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