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PSX sets history after crossing 1, 36,502 points gaining 2200 points

Karachi: Bourse achieved a milestone on first day of buisness week as benchmark Karachi 100 Index crossed psychological barriers of 136,000 points for the first time in the history.

Pakistan Stock Exchange (PSX) closed at historic mark of 1,36,502 after addition of 2200 points.

A total of 841,456,115 shares were traded during the day as compared to 765,079,448 shares the previous trading day, whereas the price of shares stood at Rs 37.051 billion against Rs 40.165 billion on the last trading day.

As many as 475 companies transacted their shares in the stock market, 264 of them recorded gains and 195 sustained losses, whereas the share price of 16 companies remained unchanged.

The three top trading companies were Cres. Star Industries with 47,209,653 shares at Rs 4.34 per share, K-Electric Limited with 42,841,396 shares at Rs5.33 per share and First Dawood Prop with 35,579,177 shares at Rs 5.55 per share.

Owing to speedy trend at the PSX 1.64 pecent uptick recorded in the PSX.

On the last buisness week the market had closed at 1,34, 299.