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PSX regains bearish trend as 100 Index gains 4,411.27 points

Karachi: Pakistan Stock Exchange witnessed a bullish trend during business on Monday today with an increase of over 4,411.27 more ,points in the 100 Index while closed at 113,924.42 points.

The 100 index that closed at 109,513 points on last working day reached 112606 points during the trading.

The upward trend in the stock exchange shows increasing confidence of business community on economic policies of government.

A total of 857,834,976 shares were traded during the day as compared to 754,917,969 shares the previous trading day, whereas the price of shares stood at Rs 50.549 billion against Rs.39.424 billion on the last trading day.

As many as 463 companies transacted their shares in the stock market, 361 of them recorded gains and 62 sustained losses, whereas the share price of 40 companies remained unchanged.

The three top trading companies were WorldCall Telecom with 71,053,052 shares at Rs 1.72 per share, Cnergyico PK with 66,471,663 shares at Rs 6.79 per share and Pak Elektron with 38,651,653 shares at Rs.40.73 per share.