PSX Builds on Yesterday’s Second-Highest Single-Day Increase

The 100-Index of the Pakistan Stock Exchange (PSX) continued with a bullish trend on Wednesday, gaining 515.00 more points, a positive change of 0.42 percent, closing at 122,761.64 points as compared to 122,246.64 points on the last trading day. A total of 749,799,164 shares were traded during the day as compared to 804,779,730 shares the previous trading day, whereas the price of shares stood at Rs. 28.030 billion against Rs. 37.614 billion on the last trading day. As many as 472 companies transacted their shares in the stock market, 274 of them recorded gains and 161 sustained losses, whereas the share price of 37 companies remained unchanged. It is pertinent to mention here that after the breakthrough ceasefire agreement between Iran and Israel, the KSE-100 index went up by a whopping 6,079 points or 5.23 percent on Tuesday. The over 6,000 points increase marked the second-highest single-day increase on a closing basis in terms of points.