KARACHI – The Pakistan Stock Exchange (PSX) climbed to another historic high on Monday as it registered significant gains amid declining inflation and other positive indicators.
The KSE 100-index witnessed gains of 1,917.63 points more points, a positive change of 1.89 percent, closing at 103,274.95 points for first time in history. Previously it closed at 101,357.32 points on the last trading day.
A total of 1,556,252,523 shares were traded during the trading whereas the price of shares stood at Rs 47.097billion.
As many as 462 companies participated in today’s trading, 339 of them registered gains and 85 sustained losses, whereas the share price of 38 companies remained stable.
The three top trading companies were WorldCall Telecom, Cnergyico PK and Fauji Foods Limited.
Unilever Pakistan Foods Limited recorded increase of Rs70.00 per share price, closing at Rs19,800.01, whereas the runner-up was Services Industries Limited with Rs134.94 rise in its per share price to Rs 1.484.30.
This surge follows period of sustained growth for the stock market in light of recent monetary easing measures.
Last week, the stock market achieved 100,000-point milestone amid strong interest from local investors and institutional support.KARACHI – Pakistan Stock Exchange (PSX) continued significant gains of over 1500 points amid growing investor interest as KSE-100 touched the 102,000 mark for the first time.
Details shared by PSX portal show stock market surged by around 1.50pc to reach 102,800 before noon. The rally advanced amid strong buying in key sectors, including Oil and gas, auto cement, commercial banks, fertilizers.
This surge follows period of sustained growth for the stock market in light of recent monetary easing measures.
