The bull run continues to dominate the Pakistan Stock Exchange.
On Monday, the Pakistan Stock Exchange (PSX) commenced the new business week positively, with the KSE-100 Index rising by nearly 1,200 600 points, as reported by the 24NewsHD TV channel.
Investor sentiment remained optimistic, propelling the index beyond the 146,500-point threshold during intraday trading once again. By 12:30 PM, the index had increased by 1,175.14 points, or 0.80 percent, reaching 146,557.93 points.
So far, approximately 474 companies have traded their shares in the stock market, with 293 recording gains and 173 experiencing losses, while the share prices of eight companies remained stable.
Previously, on Friday, the PSX’s benchmark KSE-100 Index had shifted to a bearish trend, declining by 264.34 points, which represented a negative change of -0.18 percent, and closing at 145,382.80 points.
A total of 548,050,956 shares were exchanged during the day, compared to 712,527,450 shares on the preceding trading day, with the total value of shares amounting to Rs 45.488 billion, down from Rs 55.677 billion on the last trading day.
In total, 482 companies participated in trading their shares in the stock market, with 151 recording gains and 296 facing losses, while the share prices of 35 companies remained unchanged.
The top three trading companies included Pak Petroleum, which traded 21,967,632 shares at Rs 188.23 per share, Bank of Punjab with 21,258,633 shares at Rs 13.92 per share, and Loads Limited with 20,561,978 shares at Rs 16.58 per share.
Ismail Industries Limited experienced the highest increase of Rs 70.39 per share, closing at Rs 2,172.38, while Supernet Technologies Limited followed with a rise of Rs 43.11 in its share price, closing at Rs 802.60.
Conversely, PIA Holding Company Limited witnessed the largest decrease of Rs 478.14 per share, closing at Rs 29,379.66, followed by Nestle Pakistan Limited, which saw a decline of Rs 87.02 in its share price, closing at Rs 8,950.56.
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