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PSX closes with bullish trend as benchmark Karachi 100 Index gains 978 points

Karachi: The bourse turned over bullish on Thursday, fourth day of business week after Pakistan and the USA signed a historic landmark trade pact as the benchmark Karachi 100 index closed at 1, 39,390 after gaining 978 points.

Overall as many as 483 companies transacted their shares in the market.

Out of 483 235 companies shares prices uptick.

Yesterday, the PSX remained bullish as it gained 447 points while closed at 1,38,412.

The Pakistan Stock Exchange (PSX) benchmark KSE-100 Index climbed to an intraday high of 139,018.88, gaining 1,054.07 points.

The stock market opened higher as investors positioned themselves ahead of the State Bank of Pakistan’s (SBP) key policy announcement due later in the day.

Overall as many as 438 companies transacted their shares today in the PSX.Prices of shares of 290 companies declined.