Benchmark index gains 126.65 points to settle at 36,745.22
News desk
KARACHI
Pakistan Stock Exchange (PSX) on Tuesday witnessed bullish trend for the 13th consecutive session as KSE 100 index closed at 36,745 points with positive change of 126 points (+0.35 percent).
A total 466,251,316 shares were traded compared to the trade 468,906,802 shares during the previous day, whereas the value of shares traded during the day stood at Rs18.258 billion as compared to Rs18.555 billion during last trading day.
As many as 393 companies transacted shares in the stock market, out of which 214 recorded gain and 158 sustained losses whereas the share price of 21 companies remained unchanged.
The three top traded companies were K-Electric Ltd with a volume of 39,266,000 shares and price per share of Rs3.15, Pak Elektron with a volume of 33,542,500 with price per share of Rs29.07 and Maple Leaf with a volume of 25,272,500 and price per share of Rs30.78.
Hinopak Motor recorded maximum increase of Rs36.51 per share, closing at Rs523.41 while Indus Motor Co was runner-up with the increase of Rs29.37 per share, closing at Rs1220.51.
Philip Morris Pak witnessed maximum decrease of Rs50 per share, closing at Rs1750, whereas prices of Indus Dyeing shares decreased by Rs41 per share closing at Rs551.
Cement sector posted highest traded volumes of 51.9 million shares, followed by power (48.1 million) and cable (37.9 million).
Sectors contributing to the performance include E&P (+66 points), investment banks (+36 points), fertilizer (+24 points), miscellaneous (+11 points), pharma (+10 points), cement (-23 points) and O&GMCs (-15 points).
Stocks that contributed positively to the index include POL (+44 points), DAWH (+31 points), PPL (+16 points), KEL (+15 points) and SHFA (+11 points). Stocks that contributed negatively include PSO (-18 points), LUCK (-11 points), HUBC (-10 points), BAFL (-9 points), and DGKC (-8 points).
