ISLAMABAD: The Pakistan Stock Exchange (PSX) has crossed the 90,000-point milestone, prompted by favorable economic indicators that are enhancing confidence of the investors.
The historical development takes place as on Thursday, the PSX crossed another landmark by reaching a historic level of 88,945.99 points.
On Thursday, the 100-Index of the (PSX) gained 1,751.45 points showing a positive change of 2.01 percent as compared to last day’s trading of 87,194.54 points.
On the Thursday, the overall 757,648,007 shares were entertained during the day as compared to 699,294,030 shares the previous working day, whereas the price of shares stood at Rs 36.047 billion against Rs. 26.824 billion on the last trading day.
As many as 454 companies traded their shares in the stock market, 238 of them registered gains and 167 met losses, whereas the share price of 49 companies remained unchanged.
The three top trading companies were K-Electric Limited with 113,202,208 shares at Rs 4.82 per share, followed by PTCL with 41,105,281 shares at Rs 16.76 per share whereas Fauji Cement XD settled with 23,272,920 shares at Rs 31.46 per share.