ISLAMABAD – Pakistan Stock Exchange increased up 501 points or (1.22%) andclosed at 41,614.39 points on Monday as compared to 41112.71 points on thelast working day with a positive change of 501.68 points.
As investors continued to accumulate stocks, the total turnover was254,108,750 as compared to 228,920,690 on the last working day with B.OPunjab having the highest turnover of 19,840,000.
Investors have been eyeing on proposed reduction in cost of doing businessin Pakistan.
Overall, trading volumes increased to 254.1 million shares compared withFriday’s tally of 228.9 million. The value of shares traded during the daywas Rs9.8 billion.
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Shares of 374 companies were traded. At the end of the day, 251 stocksclosed higher, 105 declined and 18 remained unchanged.
