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PSX begins week on positive note ahead of budget

The KSE-100 index of the Pakistan Stock Exchange (PSX) witnessed a bullish trend on Monday, gaining 262.33 points, with a positive change of 0.63 per cent, closing at 41,577.21 points against 41,314.88 points on the last working day.

A total of 189,245,419 shares were traded during the day compared to the trade of 225,392,739 shares the previous day, whereas the price of shares stood at Rs4.901 billion against Rs5.988 billion on the last trading day. As many as 342 companies transacted shares in the stock market, 193 of them recorded gains and 23 sustained losses, whereas the share price of 342 companies remained unchanged.

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The three top trading companies were Unity Foods Ltd with a volume of 33,135,389 shares and price per share of Rs.21.07, Pak Refinery with a volume of 16,292,330 and price per share of Rs.17.46 and TLP Properties with a volume of 11,664,531 and price per share of Rs.18.55.

Bata (Pak) witnessed a maximum increase of Rs.61.59 per share, closing at Rs.1,771.59, whereas the runner up was Sapphire Fiber, the share prices of which climbed up by Rs.50.58 to Rs1,149.

Rafhan Maize witnessed a maximum decrease of Rs155 closing at Rs9,800 followed by Indus Motor Company, the share price of which declined by Rs28.28 to close at Rs.1,225.15.

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