PSX gains 397 points to close at 47,453 points

PSX gains 397 points to close at 47,453 points

ISLAMABAD, Aug 2 (APP): The KSE100-index of Pakistan Stock Exchange (PSX) witnessed bullish trend on Monday, gaining 397.96 points, with a positive change of 0.85 percent, closing at 47,453.25 points against 47,055.29 points on the last working day.

A total of 252,345,130 shares were traded during the day compared to the trade of 399,093,247 shares the previous day whereas the price of shares stood at Rs 9.253 billion against Rs 13.768 billion the previous day.

As many as 400 companies’ transacted shares in the stock market, 264 of them recorded gain and 122 sustained losses whereas the share price of 14 companies remained unchanged.

The three top traded companies were WorldCall Telecom with a volume of 16,852,000 shares and price per share of Rs3.49, Hum Network with a volume of 15,986,000 and price per share of Rs 7.17 and Byco Petroleum with volume of 13,730,000 and price per share of Rs 10.08.

Colgate Palm witnessed maximum increase of Rs 43.54 per share, closing at Rs2854.26 whereas AKD Hospitality was runner up, share prices of which increased by Rs 29.56, closing at Rs423.7047.

Bata (Pak) recorded a maximum decrease of Rs 80 per share, closing at Rs 1550 followed by Gatron Ind., the share prices of which decreased by Rs 36.01 per share, closing at Rs454.