PSX soars to record high, crosses 130,000 mark

ISLAMABAD, Jul 2 (APP): In a historic leap, the Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index shattered previous records on Wednesday, closing at an all-time high of 130,344.03 points.
Continuing its bullish momentum, the index surged by 2,144.61 points—an impressive gain of 1.67 percent from the previous close of 128,199.43.
The latest milestone underscores growing optimism in the financial markets, as the PSX continues to attract both local and foreign interest amid signs of economic recovery.
A total of 1,026,117,776 shares were traded during the day as compared to 1,032,756,027 shares the previous trading day, whereas the price of shares stood at Rs 49.294 billion against Rs 44.008 billion on the last trading day.
As many as 473 companies transacted their shares in the stock market, 256 of them recorded gains and 192 sustained losses, whereas the share price of 25 companies remained unchanged.
The three top trading companies were WorldCall Telecom with 89,872,005 shares at Rs 1.61 per share, Bank of Punjab with 89,872,005 shares at Rs 11.54 per share and Kohinoor Spinning with 46,349,499 shares at Rs 6.12 per share.
PIA Holding Company LimitedB witnessed a maximum increase of Rs1,778.37 per share closing at Rs19,562.10 whereas runner-up was Khyber Textile Mills Limited with Rs111.75 rise in its share price to close at Rs1,486.16.
Bhanero Textile Mills Limited witnessed a maximum decrease of Rs 108.56 per share price, closing at Rs 977.06, whereas the runner-up was Rafhan Maize Products Company Limited with Rs 71.20 decline in its per share price to Rs 9,515.17.