PSX roars: surges 619 points in bullish rally

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PSX roars: surges 619 points in bullish rally
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On the final trading day of the week, the Pakistan Stock Exchange (PSX) witnessed a bullish trend as the 100-Index surged by 619.79 points. The KSE-100 index closed at 70,909.90 points, marking a positive change of 0.88 percent compared to the previous day's close of 70,290.12 points. Trading activity saw 475,833,699 shares traded, valued at Rs. 23.220 billion, in contrast to the previous day's 440,314,409 shares valued at Rs. 24.362 billion.

A total of 370 companies participated in the market, with 200 registering gains, 149 incurring losses, and 21 remaining unchanged. Earlier in the week, the KSE-100 index had experienced a marginal decline of 60.92 points, representing a negative change of 0.09 percent, closing at 70,483.66 points. Trading volume amounted to 548,418,295 shares valued at Rs. 21.032 billion, compared to the previous session's 555,214,972 shares traded. Among the 369 companies traded during the week, 175 recorded gains, 168 sustained losses, and 26 remained unchanged.

 

Pakistan State Time is a versatile digital news and media website that covers all latest news developments on 24/7 basis.

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