The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Friday, gaining 2,696.30 points, a positive change of 1.59 percent, closing at 172,399.90 points against 169,703.60 points on the last trading day.
PSX stays bullish, gains over 2,696 points
ISLAMABAD, Jun 12 (APP): The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Friday, gaining 2,696.30 points, a positive change of 1.59 percent, closing at 172,399.90 points against 169,703.60 points on the last trading day.
During the session, the ready market recorded a trading volume of 890.797 million shares with a traded value of Rs 41.985 billion, compared to 771.934 million shares valuing Rs 27.050 billion in the previous session. The market capitalization increased to Rs 19.120 trillion from Rs 18.877 trillion a day earlier.
Out of 488 active companies in the ready market, 282 advanced, 167 declined and 39 remained unchanged.
Kohinoor Spinning topped the volume chart with 57.747 million shares, followed by Bank of Punjab with 33.68 million shares and Sitara Petroleum with 21.66 million shares.
The top gainers included Unilever Pakistan Foods Limited, which increased by Rs 68.00 to close at Rs 25.868, and Sapphire Fibres Limited, which gained Rs 44.86 to settle at Rs 1,147.32.
On the losing side, Khairpur Sugar Mills Limited declined by Rs 14.08 to close at Rs 2,420.59, while Kohat Textile Mills Limited fell by Rs 13.49 to close at Rs 121.46.
