PSX gains 444 points to close at 47,800.57 points

PSX gains 444 points to close at 47,800.57 points

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Islamabad: The Pakistan Stock Exchange (PSX) KSE 100 index continued to be bullish for the third consecutive day on Thursday, rising 444.55 points, or 0.94%, to close at 47,800.57 points, compared with 47,356.02 points on the last working day.

A total of 760,008,762 shares were traded that day, while the previous day’s trading volume was 549,666,158 shares, and the stock price was 162.58 billion rupees, compared with 158.82 billion rupees the previous day.

As many as 421 companies transacted shares in the stock market, 302 of them recorded gain and 107 sustained losses whereas the share price of 12 companies remained unchanged.

The three top traded companies were WorldCall Telecom with a volume of 199,480,000 shares and price per share of Rs3.96, Silk Bank Ltd with a volume of 51,438,000 and price per share of Rs2.01and TLP Corp Ltd with volume of 48,335,500 and price per share of Rs19.55.

Unilever Foods witnessed maximum increase of Rs616.25 per share, closing at Rs16990 whereas Colgate Palm was runner up, share prices of which increased by Rs144.97, closing at Rs2644.97.

Wyeth Pak Ltd recorded the highest drop of 43.55 rupees per share to close at 2085.44 rupees, followed by Bata (Pak), whose share price fell by 42.13 rupees per share to close at 1672.27 rupees.

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