News

PSX Continues Bullish Trend, Gains 138 Points

•
5 min read
•
Legal Editorial Desk
PSX Continues Bullish Trend, Gains 138 Points
The 100-Index of the Pakistan Stock Exchange (PSX) continued with Bullish trend on Friday, gaining 138.55 more points, showing a positive change of 0.18 percent, closing at 78,488.22 points against 78,349.66 points on the last working day. A total of 680,810,524 shares were traded during the day as compared to 599,820,775 shares the previous day, whereas the price of shares stood at Rs. 21.186 billion against Rs. 20.409 billion on the last trading day. As many as 545 companies transacted their shares in the stock market, 214 of them recorded gains and 180 sustained losses, whereas the share price of 60 companies remained unchanged. The three top trading companies were Hascol Petrol with 63,106,709 shares at Rs. 7.90 per share, Kohinoor Spinning with 44,638,709 shares at Rs. 11.84 per share and Symmetry Group Limited with 38,685,354 shares at Rs. 9.34 per share. Hallmark Company Limited witnessed a maximum increase of Rs. 73.27 per share price, closing at Rs. 806.01, whereas the runner-up was Rafhan Maize Products Company Limited with a Rs. 55.47 rise in its per share price to Rs. 7,439.17. Unilever Pakistan Foods Limited witnessed a maximum decrease of Rs. 82.09 per share closing at Rs. 17,498.93 followed by Sapphire Fibres Limited with Rs. 69.43 decline to close at Rs. 1,500.00.
Share:

Editorial & Legal Practice Group

Authored and reviewed by the corporate law and tax litigation practice group at Javid Law Associates. Our team comprises High Court advocates, corporate legal advisors, and authorized tax practitioners across Pakistan.

Advocates High Court & Tax Counsel Jurisdiction: Pakistan

Need Expert
Legal Counsel?

Free Session
Initial Consultation
100% Secure
Private & Confidential

Request a Callback

Enter your WhatsApp number and our legal team will connect with you shortly.

Typical response: Prompt response during chamber hours