Bulls rampant at PSX as shares rally 578 points
psx
ISLAMABAD: (Suno News) Bulls dominated the Pakistan Stock Exchange (PSX) on Tuesday as its benchmark KSE-100 Index gained 578.96 points and closed at 85,840.34 points.

 With a positive change of 0.68 percent, the index settled at 85,840.34 points as compared to 85,261.39 points on the last trading day, according to the data available at the PSX website.

The bourse reported that as many as 422,107,359 shares were traded during the day as compared to 477,642,675 shares the previous trading day, whereas the price of shares stood at Rs 24.467 billion against Rs. 23.474 billion on the last trading day.

a total of 443 companies transacted their shares in the stock market, 202 of them recorded gains and 174 sustained losses, whereas the share price of 67 companies remained unchanged, it revealed.

The PSX data showed that the three top trading companies were PTCL with 37,868,367 shares at Rs 15.73 per share, Hub Power Company XD with 33,284,625 shares at Rs 98.83 per share and Kohinoor Spinning with 22,458,138 shares at Rs 7.59 per share.

The stock exchange reported Unilever Pakistan Foods Limited witnessed a maximum increase of Rs 126.95 per share price, closing at Rs 17,477.45, whereas the runner-up was Reliance Pakistan Engineering Company Limited with Rs 75.64 rise in its per share price to Rs 876.30.

It revealed that Hallmark Company Limited witnessed a maximum decrease of Rs 98.34 per share closing at Rs 885.06 followed by Sapphire Fibres Limited with Rs 93.20 decline to close at Rs 1,255.65.