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Bullish trend at PSX as market gains 1353 points today

Karachi: Pakistan Stock Exchange (PSX) on first day of the business week crossed another psychological barrier of 149,000 while gaining as many as 1353 points.

The market closed at 1, 49, 971 after an uptick of 1353 points.

Th KSE-100 Index witnessed bullish trend on Friday, gaining 1,274.27 points, a positive change of 0.86 percent, closing at 148,617.78 points against 147,343.51points last trading day.

A total of 1,342,203,045 shares were traded during the day as compared to 935,466,958 shares the previous trading day, whereas the price of shares stood at Rs 52.305 billion against Rs 33.515 billion on the last trading day.

As many as 474 companies transacted their shares in the stock market, 236 of them recorded gains and 203 sustained losses, whereas the share price of 35 companies remained unchanged.

The three top trading companies were B.O. Punjab with 128,751,215 shares at Rs 15.07 per share, Pak Int. Bulk with 122,239,074 shares at Rs12.79 per share and K-Electric Limited with 71,652,175 shares at Rs5.32 per share.