Karachi: The Pakistan Stock Exchange (PSX) achieved another milestone on Monday, surpassing the 116,000-point mark for the first time during early trading.
The 100-Index of the Pakistan Stock Exchange (PSX) witnessed bullish trend gaining 1,867.61 points, closing at 116,169.41 points.
The bullish trend reflects sustained investor optimism.
Besides that Improving macroeconomic indicators such as robust remittance inflows, stable foreign reserves, and declining inflation have reinforced confidence in the country’s economic recovery.
A total of 1,470,661,659 shares were traded during the day as compared to 1,118,570,230 shares the previous trading day, whereas the price of shares stood at Rs 66.628 billion against Rs.59.511 billion on the last trading day.
As many as 477 companies transacted their shares in the stock market, 246 of them recorded gains and 194 sustained losses, whereas the share price of 37 companies remained unchanged.
The three top trading companies were WorldCall Telecom 403,228,918 shares at Rs 1.92 per share, Cnergyico PK with 59,584,754 shares at Rs 7.12 per share and Pak Refinery with 54,776,226 shares at Rs.36.52 per share.
