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Historic bullish trend at PSX as market crosses 91000

Karachi: Pakistan Stock Exchange (PSX) on first day of business week witnessed a historic sped up as 100 index crossed a high level of 90,000 while during the trading 100 index also crossed psychological limit of 91,000.

The market is trading at 90, 814 after gaining of 821 points in the mid morning session.

On last day of business week, Friday, the PSX had closed at 89,993 after an increase of 1047 points.

Overall the index gained 1,047.98 points, showing a positive change of 1.18 percent.

A total of 695,544,676 shares were traded during the day , whereas the price of shares stood at Rs 37.873 billion .

As many as 457 companies transacted their shares in the stock market, 181 of them recorded gains and 222 sustained losses, whereas the share price of 54 companies remained unchanged.

The three top trading companies were Fauji Foods Limited with 57,561,820 shares at Rs 10.01 per share, K-Electric Limited with 41,399,129 shares at Rs 4.58 per share and Sui South Gas with 38,036,205 shares at Rs 11.98 per share.