Karachi: A robust bearing trend gripped Pakistan Stock Exchange on Tuesday, today as Karachi 100 Index bench mark restored 1, 14,000 limit in the morning trading.
The PSX has gained more than 400 points while the market is trading at 1, 14,359.
Similarly, the PSX witnessed a bullish trend during business on Monday with an increase of over 4,411.27 points in the 100 Index while closed at 113,924.42 points.
The upward trend in the stock exchange shows increasing confidence of business community on economic policies of government.
A total of 857,834,976 shares were traded during the day as compared to 754,917,969 shares the previous trading day, whereas the price of shares stood at Rs 50.549 billion against Rs.39.424 billion on the last trading day.
As many as 463 companies transacted their shares in the stock market, 361 of them recorded gains and 62 sustained losses, whereas the share price of 40 companies remained unchanged.
The three top trading companies were WorldCall Telecom with 71,053,052 shares at Rs 1.72 per share, Cnergyico PK with 66,471,663 shares at Rs 6.79 per share and Pak Elektron with 38,651,653 shares at Rs.40.73 per share.
