HomeBusinessPSX gains 2,436 points to close at 166,242

PSX gains 2,436 points to close at 166,242

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ISLAMABAD, Oct 20 (APP):The Pakistan Stock Exchange (PSX) witnessed a bullish trend on Monday, as the benchmark KSE-100 Index gained 2,436.68 points, showing a positive change of 1.49 percent, closing at 166,242.90 points against 163,806.22 points on the previous trading day.
A total of 1,478,593,838 shares were traded during the day compared to 1,978,654,033 shares on the previous day, while the total value of shares traded stood at Rs51.871 billion against Rs36.992 billion on the last trading day.
As many as 485 companies transacted their shares in the stock market, of which 289 recorded gains, 156 sustained losses, while 40 remained unchanged.
The three top trading companies were K-Electric Limited with 229,713,933 shares at Rs6.99 per share, WorldCall Telecom with 223,455,632 shares at Rs2.16 per share, and Bank of Punjab with 184,399,246 shares at Rs39.41 per share.
Hoechst Pakistan Limited witnessed the maximum increase of Rs261.96 per share, closing at Rs4,288.29, followed by Pakistan Services Limited with a Rs102.24 rise, closing at Rs1,124.59 per share.
On the other hand, PIA Holding Company Limited-B recorded the maximum decrease of Rs271.70 per share, closing at Rs24,310.10, followed by Ismail Industries Limited with a Rs99.87 decline, closing at Rs2,000.13 per share.
Meanwhile, in the futures market, 321 companies traded shares, out of which 215 recorded gains, and 106 sustained losses.
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