PSX witnesses bullish trend, gains over 2,082 points

ISLAMABAD, Jul 6 (APP): The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) witnessed bullish trend on Monday, gaining 2,082.49 points, a positive change of 1.12 percent, closing at 187,454.69 points against 185,372.21 points on the last trading day.

During the session, the ready market recorded a trading volume of 888.405 million shares with a traded value of Rs49.981 billion, compared to 815.651 million shares valuing Rs42.634 billion in the previous session. The market capitalization increased to Rs20.986 trillion from Rs20.763 trillion a day earlier.

Out of 495 active companies in the ready market, 296 advanced, 182 declined, and 17 remained unchanged.

TPL Properties topped the volume chart with 66.771 million shares, followed by Lotte Chemical with 42.069 million shares and TPL REIT Fund I with 36.545 million shares.

The top gainers included The Premier Sugar Mills, which increased by Rs71.99 to close at Rs791.92, and Sitara Chemical Industries Limited, which gained Rs41.14 to settle at Rs852.18.

On the losing side, PIA Holding Company LimitedB declined by Rs242.78 to close at Rs18,360.36, while Unilever Pakistan Foods Limited fell by Rs219.57 to close at Rs25,443.93.

In the futures (DFC) market, turnover stood at 148.183 million shares with a traded value of Rs9.272 billion, compared to 133.076 million shares worth Rs7.377 billion in the previous session.

Out of 302 futures-market companies, 193 recorded gains, 105 declined, and four remained unchanged.