ISLAMABAD: In another positive development, Pakistan Stock Exchangestrongly bounces back on economic revival.
The bullish sentiments ruled the Pakistan Stock Exchange (PSX) during thewhole trading week, lifting the KSE-100 index by 1605.73 points to37,583.89 points on the last trading day (Friday) compared to itspositioning at 35,978.16 points on last Saturday.
Throughout the week, the bulls rule the KSE-100 and cumulatively the indexwent up by over 4.46 percent during the week under review, according to theweek-long PSX trading data.
The week-long performance shows the index positively growing 340.69 (0.91%)points on Friday; 76.26 (0.21%) points on Thursday; 401.40 (1.09%) pointson Wednesday; and 824.94 (2.29 %) points on Monday. However, or one day onTuesday, the index witnessed a bearish trend and recorded negative growthof 37.54 points (0.10).
According to break up figures, the KSE-100 index on Friday closed at37583.89 points with a positive change of 340.69 points (0.91%) compared tothe closing at 37243.2 the previous day. A total of 369,038,836 shares weretraded, valuing Rs9.587 billion.
Total 400 companies’ transacted shares in the Stock Market Friday, out ofwhich 296 recorded gain and 94 sustained losses whereas the share price of10 companies remained unchanged.
On Thursday, the index closed at 37243.2 points with a positive change of76.26 points (0.21%) while a total of 336,365,942 shares were traded,valuing Rs 10.158 billion.
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Total 395 companies’ transacted shares in the Stock Market Wednesday, outof which 228 recorded gain and 150 sustained losses whereas the share priceof 17 companies remained unchanged.
The index noted a bullish trend on Wednesday as KSE 100 index closed at37166.96 points with a positive change of 401.40 points (1.09%) compared tothe closing at 36,765.56 the previous day. A total of 275,430,851 shareswere traded with a total value o Rs 10.758 billion.
Total 379 companies’ transacted shares in the Stock Market Wednesday, outof which 230 recorded gain and 130 sustained losses whereas the share priceof 19 companies remained unchanged.
However, the index on Tuesday stayed bearish and closed at 36,765.56 pointsas compared to 36,803.10 points on the last working day with a negativechange of 37.54 points (0.10 %). A total of 292,060,810 shares were traded,valuing Rs 9.991 billion
The PSX on Monday had noted bullish trend as KSE 100 index closed at36,803.10 points as compared to 35,978.16 points on the last working daywith a positive change of 824.94 points (2.29 %). A total of 282,944,821shares were traded with the value of shares traded during the day stood atRs 9.094 billion.
