Index gains 764 points as PSX turns around to bullish trend
psx
ISLAMABAD: (Suno News) The Pakistan Stock Exchange (PSX) turned around to bullish trend as its benchmark KSE-100 Index appreciated 764.28 points on Wednesday.

Following this positive change of 0.94 percent, the index closed at 82,247.92 points against 81,483.64 points on the last trading session.

On the close of last trading day, the benchmark KSE-100 index fell by 366.86 points, or 0.45%, settling at 81,483.64 points. The index decreased from the previous close of 81,850.50.

As per data available at the PSX website, as many as 422,163,158 shares were traded during the day on Wednesday as compared to 369,620,812 shares the previous trading day, whereas the price of shares stood at Rs 18.380 billion against Rs. 17.062 billion on the last trading day.

As per the data, a total of companies transacted their shares in the stock market, 248 of them recorded gains and 126 sustained losses, whereas the share price of 63 companies remained unchanged.

The website further revealed that the three top trading companies were Kohinoor Spinning with 51,886,989 shares at Rs8.92 per share, WorldCall Telecom with 29,716,479 shares at Rs 1.25 per share and Pace (Pak) Limited with 25,434,647 shares at Rs 5.91 per share.

It maintained that PIA Holding Company Limited witnessed a maximum increase of Rs 89.75 per share price, closing at Rs 987.29, whereas the runner-up was Hallmark Company Limited with Rs 84.90 rise in its per share price to Rs 933.90.

The data revealed Ismail Industry Limited witnessed a maximum decrease of Rs 83.28 per share closing at Rs 1,813.39 followed by Mehmood Textile Mills Limited with Rs 60.40 decline to close at Rs 554.07.