In a positive economic indicator, Pakistan Stock Exchange registers significant growth
ISLAMABAD - The bullish trend dominated the Pakistan Stock Exchange (PSX) throughout the week ending on Friday, November 1, as the KSE-100 index collectively witnessed increase of 342.09 points since the beginning of the trade on Monday.
The KSE-100 index touched the figure of 34203.68 points on Friday after passing through mixed trends, mostly dominated by bulls, throughout the week. The week had started with index position closing at 33861.59 points on Monday, the beginning day of the trade activity.
Collectively, there had been increase of 1.01 percent increase in the KSE-100 index activity during the week under review.
According to break up figures, PSX Friday noted bullish trend as KSE 100 index closed at 34,377.61 points as compared to 34,203.68 points on the last working day, with positive change of 173.93 points (0.51%). A total of 157,118,951 shares were traded whereas the value of shares traded during the day stood at Rs6.463 billion.
Total 349 companies’ transacted shares in the Stock Market Friday, out of which 170 recorded gains and 142 sustained losses whereas the share price of 37 companies remained unchanged.
The index witnessed bullish trend on Thursday as KSE 100 index closed at 34,203.68 points as compared to 33,761.41 points on the last working day with the positive change of 442.27 points (1.31 %). A total of 183,976,532 shares were traded with Rs 6.867billion value of shares traded during the day.
On Wednesday, the index had noted bearish trend as KSE 100 index closed at 33,761.41 points as compared to 33,797.51 points on the last working day with the negative change of 36.10 points (0.11 %). A total of 129,961,604 shares were traded with value of Rs 5.007 billion.
Total 345 companies’ transacted shares in the Stock Market today, out of which 142 recorded gain and 178 sustained losses whereas the share price of 25 companies remained unchanged.
On Tuesday, bearish trend was witnessed as the index closed at 33,797.51 points as compared to the closing at 33,861.59 points on the last trading day, observing negative change of 64.08 points (0.19 %). A total of 225,084,937 shares were traded with Rs 5.424 billion share value.
Total 345 companies transacted shares in the Stock Market on Tuesday, out of which 131 recorded gain and 199 sustained losses whereas the share price of 15 companies remained unchanged.
On Monday, the trade started on positive note as bullish trend prevailed, taking the KSE 100 index went up by 204.13 points (0.61 %) to close at 33,861.59 points. A total of 135,633,699 shares were traded with Rs 4.099 billion value.
Collectively, throughout the week, there had been an increase of 342.09 (1.01 percent) as the index went up from 33861.59 points on the beginning of the trade to 34203.68 points at the close of week-long trade activities.