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PSX achieves another historic milestone as 100 Index crosses 86,000 limit

Karachi: Bullish trend on third day of business week helped Pakistan Stock Exchange (PSX) achieving another historic miles stone of crossing psychological limit of 86,000.

The market is trading 86, 148 points after an uptick of 484 points.

Whereas the PSX had closed on Tuesday at 85,663 point after gaining 753 points.

A total of 506, 565, 368 shares were traded during the day as compared to

449,507,635 shares the previous trading day, whereas the price of shares stood at Rs 33. 049 billion against Rs.30. 196 billion on the last trading day.

As many as 448 companies transacted their shares in the stock market, 193 of them recorded gains and 194 sustained losses, whereas the share price of 61 companies remained unchanged.

The three top trading companies were Hub Power Company XD with 44, 845,448 shares at Rs 111.92 per share, Pak Petroleum with 21, 544,867 shares at Rs 128. 12 per share and Pak Refinery with 21, 345,096 shares at Rs 25. 57 per share.