PSX witnesses bearish trend a day after Senate elections: report

PSX gains 329.07 points to close at 43,416.70 points

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Islamabad: On Thursday, the KSE-100 index of the Pakistan Stock Exchange (psx) continued to maintain a bullish trend, rising by 329.07 points, with a positive rate of change of 0.76%. It closed at 43,087.70 points and closed at 43,416.70 points from the previous working day.

The total share capital traded on the day was 570,583,163 shares, compared with 378,938,106 shares traded the previous day, and the stock price was 255.13 billion rupees, compared with 255.13 billion rupees the previous trading day. The previous day was 17.734 billion US dollars.

As many as 402 companies traded stocks on the stock market, of which 232 recorded gains and 150 sustained losses, while 20 companies’ stock prices remained unchanged.

The three top traded companies were Unity Foods Ltd with a volume of 46,887,000 shares and price per share of Rs.26.75, TRG Pak Ltd with a volume of 37,299,000 and price per share of Rs.72.95 and Maple Leaf with a volume of 34,682,933 and price per share of Rs. 41.94.

Unilever Foods recorded maximum increase of Rs.945 per share, closing at Rs.13545 whereas Rafhan Maize was runner up with the increase of Rs..348 per share, closing at Rs. 9350.

Nestle Pakistan witnessed maximum decrease of Rs.37.50 per share, closing at Rs.6600 whereas Gillette Pak shares decreased by Rs.37.17 per share closing at Rs. 526.08.

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