PSX witnesses bullish trend, gains 572 points

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ISLAMABAD, Jan 20 (APP): The 100-Index of the Pakistan Stock Exchange (PSX) witnessed bullish trend on Monday, gaining 572.73 points, a positive change of 0.50 percent, closing at 115,844.82 points as compared to 115,272.08 points on the last trading day.

A total of 675,046,602 shares were traded during the day as compared to 549,584,585 shares the previous trading day, whereas the price of shares stood at Rs37.533 billion against Rs.35.931 billion on the last trading day.

As many as 454 companies transacted their shares in the stock market, 241 of them recorded gains and 157 sustained losses, whereas the share price of 56 companies remained unchanged.

The three top trading companies were Lotte Chemical with 59,473,543 shares at Rs 23.23 per share, Bank Makramah with 57,800,421 shares at Rs.3.40 per share and WorldCall Telecom with 56,891,848 shares at Rs.1.87 per share.

Hoechst Pakistan Limited witnessed a maximum increase of Rs 166.92 per share closing at Rs 2,986.68 whereas runner-up was Colgate-Palmolive (Pakistan) Limited with Rs 23.90 rise in its share price to close at Rs.1,515.49.

Unilever Pakistan Foods Limited witnessed a maximum decrease of Rs.148.50 per share price, closing at Rs 21,849.50, whereas the runner-up was Philip Morris (Pakistan) Limited with Rs 34.49 rise in its per share price to Rs.698.11.