PSX witnesses bullish trend, gains 111 points

The KSE 100-index of the Pakistan Stock Exchange (PSX) witnessed bullish trend on Tuesday, gaining 111.22 points, with a positive change of 0.26 percent, closing at 43,504.36 points against 43,393.14 points on last few days.

A total of 233,857,431 shares were traded during the day compared to the trade of 305,207,779 shares the previous day, whereas the price of shares stood at Rs6.864 billion against Rs9.238 billion on last trading day.

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As many as 346 companies transacted shares in the stock market,155 of them recorded gain and 168 sustained losses, whereas the share price of 23 companies remained unchanged.

The three top trading companies were Cnergyico Pak with a volume of 19,092,200 shares and price per share of Rs5.69, Pak Refinery with a volume of 13,867,000 and price per share of Rs 15.01 and Pak Int. Bulk with volume of 13,196,000 and price per share of Rs6.15.

Colgate Plam witnessed a maximum increase of Rs146.86 per share, closing at Rs2,197.86 whereas the runner up was Nestle Pakistan, the share prices of which
climbed up by Rs93.76 to Rs5,800.01

Bata (Pak) witnessed maximum decrease of Rs159.92 closing at Rs2,080 followed by Unilever Foods XD, the share price of which declined by Rs213 to close at Rs25,000.

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