The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) remained bullish on Wednesday, gaining 118.05 points, a positive change of 0.07 percent, closing at 180,511.02 points against 180,392.98 points on the last trading day.
PSX stays bullish, gains over 118 points
ISLAMABAD, Jun 17 (APP): The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) remained bullish on Wednesday, gaining 118.05 points, a positive change of 0.07 percent, closing at 180,511.02 points against 180,392.98 points on the last trading day.
During the session, the ready market recorded a trading volume of 1.230 billion shares with a traded value of Rs 69.216 billion, compared to 1.224 billion shares valuing Rs 70.218 billion in the previous session. The market capitalization increased to Rs 20.125 trillion from Rs 20.053 trillion a day earlier.
Out of 495 active companies in the ready market, 206 advanced, 259 declined and 30 remained unchanged. Service Long March topped the volume chart with 189.427 million shares, followed by Kohinoor Spinning with 72.276 million shares and K-Electric Limited with 53.634 million shares.
The top gainers included Pakistan Engineering Company Limited, which increased by Rs 64.00 to close at Rs 703.99, and Shifa International Hospitals Limited, which gained Rs 43.10 to settle at Rs 541.06.
On the losing side, PIA Holding Company Limited (B) declined by Rs 583.43 to close at Rs 17,454.00, while Siemens (Pakistan) Engineering fell by Rs 28.00 to close at Rs 1,522.19.
In the futures market, turnover stood at 193.175 million shares with a traded value of Rs 10.520 billion, compared to 227.845 million shares worth Rs 14.007 billion in the previous session.
Out of 313 futures-market companies, 136 recorded gains, 174 declined and three remained unchanged, according to PSX data.
