Bulls rule PSX for 3rd consecutive day, index mounts to 41,197 points

Bulls rule PSX for 3rd consecutive day, index mounts to 41,197 points

ISLAMABAD, Nov 11 (APP): The Pakistan Stock Exchange (PSX) witnessed bullish trend for the third consecutive day on Wednesday as the KSE-100 index closed at 41,197 points against 41,153 points on the last working day, with positive change of 44.27 points (0.11%).

A total 244,284,313 shares valuing Rs 8.648 billion were traded during the day against 355,986,126 shares of Rs 15.144 billion previous day.

As many as 401 companies transacted shares in the stock market, 133 of them recorded gain and 247 sustained losses whereas the share price of 21 companies remained unchanged.

The three top traded companies were Bankislami Pak with a volume of 31,519,000 shares and price per share of Rs 9.79, TRG Pak Ltd with volume of 25,041,500 shares and price per share of Rs 54.39 and K-Electric Ltd with a volume of 16,423,000 and price per share of Rs 3.69.

Island Textile recorded maximum increase of Rs92.64 per share, closing at Rs1327.94 whereas Sapphire Tex was runner up with the increase of Rs77.58 per share, closing at Rs1131.

Rafhan Maize witnessed maximum decrease of Rs170 per share, closing at Rs8355 whereas Philip Morris Pak shares decreased by Rs88.64 per share closing at Rs1451.36.

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By Muhammad Ashraf Wani

Senior Journalist with a professional experience spanning over 25 years. Have been delivering incisive and comprehensive coverage across various domains, with a specialized focus on economy, parliamentary proceedings and other pertinent beats.

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