ISLAMABAD: The 100-index of the Pakistan Stock Exchange (PSX) on Friday gained 8.96 points, with a positive change of 0.01 percent. At close the market settled at 78,810.49 points against the previous day’s closing of 78,801.53 points.
Overall, a total of 471,344,897 shares valuing Rs.20.475 billion were entertained against the previous day shares of 452,637,253 worth Rs. 20.675 billion.
In total, 436 companies traded their shares in the stock market, 137 of them recorded gains, 237 suffered losses, whereas the share price of 62 companies remained unchanged.
WorldCall Telecom remained the volume leader among the top-three trading companies with 43,051,185 shares at Rs.1.27 per share, followed by Hum Network with 41,927,277 shares with 11.13 per share, whereas Pervez Ahmed Co settled with 37,352,634 shares at Rs.1.84 per share.
Pakistan Tobacco Company Limited witnessed a maximum increase of Rs.75.60 per share price, closing at Rs.1,026.91, whereas Mehmood Textile Mills Limited settled as the runner-up with an increase of Rs.40.83 per share to settle at Rs.582.49.
Ismail Industries Limited witnessed a maximum decline of Rs.103.78 per share closing at Rs.1,340.15, followed by Mari Petroleum Company Limited with a fall of Rs.46.27 decline to close at Rs.2,665.47.
Record Bullish Trend at PSX
During the last six to seven months, the 100-index swung both ways, with a major bullish trend particularly in May 2024 resulting in a number of records on high, by getting about 60% in the last 8 months including the last one.
