PSX stages strong comeback as index gains 356 points
PSX
KARACHI: (Suno News) Bulls returned to the Pakistan Stock Exchange (PSX) on Thursday as its benchmark KSE-100 index gained 356 points and reached 78,349.66.

The KSE-100 index hit an intraday high of 78,513.85 and a low of 78,017.35, and settled at 78,349.66 after advancing 356 points or 0.46 per cent day-on-day.

The 100-Index turned around to bullish trend showed the positive change of 0.46 percent, closing at 78,349.66 points against 77,992.79 points on the last working day.

A total of 599,820,775 shares were traded during the day as compared to 636,024,989  shares the previous day, whereas the price of shares stood at Rs 20.409 billion against Rs 16.267 billion on the last trading day.

As many as 449 companies transacted their shares in the stock market, 227 of them recorded gains and 166 sustained losses, whereas the share price of 56 companies remained unchanged.

The top three trading companies were Symmetry Group Limited, National Bank XD and Kohinoor Spinning.

These top companies include Symmetry Group Limited with 64,297,326 shares at Rs 8.57 per share, National Bank XD with 42,591,637 shares at Rs.57.53 per share and Kohinoor Spinning with 41,140,347 shares at Rs 11.69 per share.

Unilever Pakistan Foods Limited witnessed a maximum increase of Rs 241.02 per share price, closing at Rs 17,581.02, whereas the runner-up was Colgate Palmolive (Pakistan) Limited with a Rs 87.97 rise in its per share price to Rs 1,218.17.

Al-Abbas Sugar Mills Limited witnessed a maximum decrease of Rs 29.22 per share closing at Rs 565.79 followed by Mari Petroleum Company Limited with Rs 21.56 decline to close at Rs 3,368.32.