Bulls Maintain Hold as PSX Ends Week With Gain of 685 Points

The 100-Index of the Pakistan Stock Exchange (PSX) continued with a bullish trend on Friday, gaining 685.52 points, a positive change of 0.60 percent, closing at 114,398.70 points as compared to 113,713.18 points on the last trading day. A total of 404,365,056 shares were traded during the day as compared to 373,093,763 shares the previous trading day, whereas the price of shares stood at Rs. 27.842 billion against Rs. 26.249 billion on the last trading day. As many as 433 companies transacted their shares in the stock market, 219 of them recorded gains and 151 sustained losses, whereas the share price of 63 companies remained unchanged. The three top trading companies were Fauji Cement with 57,215,949 shares at Rs. 45.99 per share, Sui South Gas with 23,758,961 shares at Rs. 35.50 per share and Maple Leaf with 22,469,287 shares at Rs. 56.63 per share. Unilever Pakistan Foods Limited witnessed a maximum increase of Rs. 151.15 per share closing at Rs. 23,320.15 whereas runner-up was Ismail Industries Limited with Rs. 83.25 rise in its share price to close at Rs. 1,886.94. JDW Sugar Mills Limited witnessed a maximum decrease of Rs. 38.84 per share price, closing at Rs. 779.16, whereas the runner-up was Services Industries Limited with Rs. 34.70 decline in its per share price to Rs. 1,434.52.