Showing the positive change of 0.63 percent, the index closed at 78,848.01 points against 78,356.32 points on the last working day.

As many as 969,768,756 shares were traded during the day against 436,672,976 shares the previous day, whereas the price of shares stood at Rs 12.255 billion against Rs 12.255 billion on the last trading day.

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The stock market witnessed bullish trend when inflation in Pakistan has reached at single digit after three years, on which the business community and household consumers expressed its pleasure.

At present, the inflation rate in the country is 9.6% and in rural areas, the inflation is up to 6.3 %, which is also an indicator of the decrease in the prices of essential commodities.

Also the Federation Pakistan Chamber of Commerce and Industry (FPCCI) has lauded Pakistan’s annual consumer price inflation rate slowed to 9.6% in August, the first single-digit reading in almost three years.

The Consumer Price Index (CPI) decelerated further to 9.6% year-on-year in August, down from the previous month’s 11.1%

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A total of 443 firms transacted their shares in the stock market, 259 of them recorded gains and 138 sustained losses, whereas the share price of 46 companies remained unchanged.

The three top trading companies were WorldCall Telecom with 234,639,397 shares at Rs1.37 per share, Pervez Ahmed Company with 48,686,662 shares at Rs1.44 per share and Kohinoor Spining with 45,083,409 shares at Rs.11.41 per share.

Nestle Pakistan Limited suffered a maximum fall of Rs82.33 per share closing at Rs6,917.67 followed by PIA Holding Company Limited with Rs 54.92 decline to close at Rs854.03.

Mari Petroleum Company Limited registered a maximum hike of Rs130.69 per share price, closing at Rs3,641.42, whereas the runner-up was Unilever Pakistan Foods Limited with a Rs114.50 rise in its per share price to Rs17,550.00.