PSX Stays Bullish, Gains 485 points

Fri Aug 02 2024
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ISLAMABAD: The 100-index of the Pakistan Stock Exchange (PSX) witnessed a bullish trend on Friday, gaining 485.68 points, with a positive change of 0.62 percent. At close the index settled at 78,225.98 points against 77,740.31 points on the previous working day.

A total of 443,483,358 shares were entertained during the day as compared to 278,986,985 shares the last day, whereas the price of shares stood at Rs 20.497 billion against Rs 13.094 billion on the last trading day.

As many as 439 companies transacted their shares in the stock market, 236 of them witnessed gains and 142 met losses, whereas the share price of 61 companies remained unchanged.

The three top trading companies were Cnergyico PK with 66,993,533 shares at Rs 4.00 per share, followed by The Organic Meat with 18,623,103 shares at Rs 44.67 per share whereas Pak Elektron settled with 17,306,367 shares at Rs 26.81 per share.

Nestle Pakistan Limited recorded a maximum increase of Rs 129.67 per share price, closing at Rs 7,029.67, whereas the runner-up was PIA Holding Company Limited with a Rs 64.68 increase in its per share price to Rs 991.65.

Reliance Cotton Mills Limited witnessed a maximum decline of Rs 69.17 per share closing at Rs 650.83 followed by Rafhan Maize Products Company Limited with a Rs 65.00 decline to close at Rs 7,400.00.

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