HomeBusinessPSX turns bullish, gains 697 points

PSX turns bullish, gains 697 points

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ISLAMABAD, Jan 11 (APP): The 100-index of Pakistan Stock Exchange (PSX) turned around to bullish trend on Thursday, gaining 697.72 points, a positive change of 1.09 percent, closing at 64,617.57 points against 63,919.85 points the previous trading day.

A total of 586,548,829 shares valuing Rs.17.024 billion were traded during the day as compared to 636,168,115 shares valuing Rs.17.980 billion the last day.PSX turns bullish, gains 697 pointsSome 360 companies transacted their shares in the stock market; 204 of them recorded gains and 131 sustained losses, whereas the share prices of 25 remained unchanged.

The three top-trading companies were K-Electric with 198,544,259 shares at Rs.6.01 per share, PIAC(A) with 33,897,500 shares at Rs.10.99 per share and Pak Int. Bulk with 27,385,500 shares at Rs.7.15 per share.

Pakistan Tobacco Company Limited witnessed a maximum increase of Rs.157.28 per share price, closing at Rs. 2,254.39, whereas the runner-up was Pak Suzuki Motor Company with a Rs.62.69 rise in its per share price to Rs. 898.57.

Sapphire Fibres witnessed a maximum decrease of Rs.34.10 per share closing at Rs.1,749.90, followed by Pakistan Tobacco Company with Rs.23.60 decline to close at Rs.1,117.40.

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