PSX continues to make gains

The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) on Thursday witnessed a bullish trend, gaining 291.37 points, a positive change of 0.70 percent, closing at 41,730.16 points against 41,438.79 points on Wednesday.

A total of 162,179,047 shares were traded during the day compared to the trade of 141,705,193 shares the other day, whereas the price of shares stood at Rs 4.780 billion against Rs4.763 billion on last trading day. As many as 353 companies transacted shares in the stock market, 180 of them recorded gains and 140 sustained losses, whereas the share price of 33 companies remained unchanged.

The three top trading companies were WorkdCall Telecom with a volume of 21,553,500 shares and price per share of Rs1.42, Oilboy Energy with a volume of 11,396,500 and price per share of Rs2.01 and Maple Leaf with a volume of 10,230,095 and price per share of Rs27.73.

Nestle Pakistan witnessed a maximum increase of Rs104.90 per share, closing at Rs5,880, whereas the runner up was Rafhan Maize, the share prices of which climbed up by Rs695 to Rs 10,495. Colgate Palm witnessed a maximum decrease of Rs47 per share, closing at Rs2,153 followed by was Sapphire Tex, the share price of which declined by Rs43.61 to close at Rs1,106.38.