Bulls dominate as KSE-100 surges 839.12 points
KARACHI (City News) – Bulls march at KSE-100 as market continued with the growth momentum. Pakistan Stock Exchange (PSX) ended positively once again accumulating over 839.12 points or 2.73 percent.
Gaining 839.12 points, the KSE 100 index closed at 31,621.79 points as compared to 30,782.67 points on the last working day.
A total of 251,874,893 shares were traded compared to the trade 311,585,875 shares during the previous day, whereas the value of shares traded during the day stood at 9.262 billion as compared to Rs10.392 billion during last trading day.
As many as 340 companies transacted shares in the Stock Market Friday, out of which 233 recorded gain and 91 sustained losses whereas the share price of 16 companies remained unchanged.
The three top traded companies were Maple Leaf with a volume of 26,275,500 shares and price per share of Rs22.65, Hascol Petrol with a volume of 15,857,500`and price per share of Rs12.78 and Bank of Punjab with a volume of 13,853,500 and price per share of Rs7.94.
Philip Morris Pak recorded maximum increase of Rs103.95 per share, closing at Rs 898.95 while Mari Petroleum was runner up with the increase of Rs64.03 per share, closing at Rs1085.98.
Rafhan Maize recorded maximum decrease of Rs200 per share, closing at Rs6700 whereas prices of Wyeth Pak LtdXD decreased by Rs44.43 per share closing at Rs750.50.