The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) turned around to bullish trend on Tuesday, gaining 1,886.91 points, a positive change of 1.06 percent, closing at 180,301.70 points against 178,414.80 points on the last trading day.
PSX turns bullish, gains over 1,886 points
ISLAMABAD, Jun 30 (APP): The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) turned around to bullish trend on Tuesday, gaining 1,886.91 points, a positive change of 1.06 percent, closing at 180,301.70 points against 178,414.80 points on the last trading day.
During the session, the ready market recorded a trading volume of 703.687 million shares with a traded value of Rs38.813 billion, compared to 869.381 million shares valuing Rs43.946 billion in the previous session. The market capitalization increased to Rs20.198 trillion from Rs20.020 trillion a day earlier.
Out of 492 active companies in the ready market, 301 advanced, 162 declined and 29 remained unchanged.
Pak International Bulk Terminal topped the volume chart with 58.252 million shares, followed by Kohinoor Spinning with 38.743 million shares and Pakistan Stock Exchange Limited with 24.056 million shares.
The top gainers included PIA Holding Company LimitedB, which increased by Rs433.00 to close at Rs17,998.00, and Tandlianwala Sugar Mills Limited, which gained Rs48.43 to settle at Rs686.11.
On the losing side, Unilever Pakistan Foods Limited declined by Rs100.91 to close at Rs25,604.20, while Sapphire Textile Mills Limited fell by Rs48.31 to close at Rs1,490.58.
In the futures market, turnover stood at 136.529 million shares with a traded value of Rs6.331 billion, compared to 129.541 million shares worth Rs6.960 billion in the previous session.
Out of 302 futures-market companies, 219 recorded gains, 79 declined and four remained unchanged, according to PSX data.
