PSX continues with bullish trend, gains 108 points

KSE-100 index witnesses increase of 1.53% during FY20 despite COVID-19: Report
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ISLAMABAD, Sep 1 (APP): The KSE 100-index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Thursday, gaining 108.93 points, a positive change of 0.26 percent, closing at 42,460.08 points against 42,351.15 points on the last working day.

A total of 248,196,388 shares were traded during the day compared to the trade of 181,267,464 shares the previous day, whereas the price of shares stood at Rs.8.016 billion against Rs.7.209 billion on last trading day.

As many as 345 companies transacted shares in the stock market, 185 of them recorded gain and 132 sustained losses, whereas the share price of 28 companies remained unchanged.

The three top trading companies were Cnergyico Pk with a volume of 35,626,773 shares and price per share of Rs.5.32, Maple Leaf with volume of 23,497,128 and price per share of Rs.28.89 and Fauji Cement with volume of 13,817,000 and price per share of Rs.15.46.

Sapphire Tex witnessed a maximum increase of Rs.84.51 per share, closing at Rs.1,244.50 whereas the runner up was Premium Tex, the share prices of which climbed up by Rs.39.50 to Rs.699.50.

Bhanero Tex witnessed maximum decrease of Rs.102.77 per share closing at Rs.1,267.85 followed by Sanofi-Aventis, the share price of which declined by Rs.100.50 to close at Rs.1,239.50.

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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