HomeBusinessPSX remains bullish, gains 1,291 points

PSX remains bullish, gains 1,291 points

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ISLAMABAD, Nov 19 (APP):The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) on Wednesday witnessed bullish trend, gaining 1,291.15 points, an increase of 0.80 per cent, closing at 162,226.28 points compared to 160,935.13 points on the previous trading day.
A total of 1,029.78 million shares were traded in the ready market with a value of Rs45.17 billion, compared to 1,545.92 million shares worth Rs38.85 billion in the previous session. Market capitalisation increased to Rs18.483 trillion from Rs18.376 trillion.
Out of 484 active companies in the ready market, 194 closed higher, 244 declined, and 46 remained unchanged.
The leading ready-market turnover companies included WorldCall Telecom with 160.12 million shares, followed by Bank Makramah with 111.69 million shares, and Beco Steel Ltd with 78.67 million shares.
The top gainers were Unilever Pakistan Foods Limited, which increased by Rs249.97 to close at Rs29,899.96, and Supernet Technologies Limited, rising by Rs95.54 to close at Rs1,978.15.
On the other hand, the major losers were PIA Holding Company Limited-B, which declined by Rs781.95 to settle at Rs24,205.05, and Rafhan Maize Products Company Limited, decreasing by Rs71.65 to close at Rs9,388.33.
In the futures market, turnover stood at 242.53 million shares with a traded value of Rs12.357 billion.
The top volume contracts in the futures segment were WTL-Nov with 35.11 million shares, BML-Nov with 25.01 million shares, and KEL-Nov with 24.44 million shares.
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