Karachi: Pakistan Stock Exchange (PSX) continued its record-breaking streak on Tuesday, reaching an all-time high after briefly breaching 96,000 points psychological barrier.
This marks a continuation of Monday’s rally, as the Pakistan Stock Exchange’s (PSX) KSE-100 Shares Index soared by 860.99 points or 0.91% to hit an intraday high of 95,856.66.
During intraday trading, euphoric investors pushed the apex index to 96,036.48 points, but late profit-taking prevented the market from sustaining that level.
The session began at the previous close of 94,995.67, maintaining positive momentum fuelled by strong performances in key sectors, including telecommunication, banking, and energy.
A total of 830,931,008 shares were traded during the day as compared to 765,206,618 shares the previous trading day, whereas the price of shares stood at Rs 30.019 billion against Rs. 23.924 billion on the last trading day.
As many as 460 companies transacted their shares in the stock market, 249 of them recorded gains and 156 sustained losses, whereas the share price of 55 companies remained unchanged.
The three top trading companies were Hascol Petrol with 60,058,856 shares at Rs 10.24 per share, K-Electric Limited with 44,488,839 shares at Rs 5.24 per share and Cnergyico PK with 42,303,494 shares at Rs.4.64 per share.
