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PSX turns super bullish as 100-Index climbs to 48000 highest level

Karachi: Pakistan Stock Exchange on Wednesday turned super bullish on third day of business week reached highest level of 48,000.

The market after gaining of 639 points is trading at 58, 011 in the mid-day session of the market.

It is pertinent to mention here that yesterday the PSX was closed at 57, 371 after an uptick of 293 points.

The 100-index of Pakistan Stock Exchange (PSX) continued with bullish trend, gaining 293.63 points, a positive change of 0.51 percent, closing at 57,371.59 points

A total of 1,012,258,472 shares valuing Rs19.338 billion were traded during the day as compared to 718,285,234 shares valuing Rs 16.686 billion the previous day.

As many as 390 companies transacted their shares in the stock market; 231 of them recorded gains and 143 sustained losses, whereas the share price of 16 companies remained unchanged.