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PSX reaches new high of 131,949 points after gaining 1262 points

Karachi: Pakistan Stock Exchange (PSX) on last day of business week continued to set a record as the benchmark Karachi 100 Index crossed a new high of 132,000.

At the end, the market closed at 131,949 after gaining 1262 points.

As a whole as many as 472 companies transacted their shares out of which 254 companies shares went up.

Yesterday PSX benchmark KSE-100 Index continued with bullish trend on gaining 342.63 points, closing at 130,686.66 points.

As many as 468 companies transacted their shares in the stock market, 216 of them recorded gains and 236 sustained losses, whereas the share price of 16 companies remained unchanged.

The three top trading companies were WorldCall Telecom with 49,454,250 shares at Rs 1.59 per share, Image Pakistan with 36,653,993 shares at Rs 32.47 per share and Bank of Punjab with 35,061,211 shares at Rs 11.52 per share.