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Karachi Stock Exchange remains bullish on Friday

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ISLAMABAD: Karachi Stock Exchange 100 Index continued with a bullish trend on Friday (24th May, 2024) and gained 868.56 points closing at 75,983.04 points.

A total of 609,848,980 shares valuing Rs 23.580 billion were traded during the day as compared to 758,944,398 shares valuing Rs 16.708 billion the previous day.

As many as 382 companies transacted their shares in the stock market; 215 of them recorded gains and 144 sustained losses, whereas, the share price of 23 companies remained unchanged.

The three top-trading companies were K-Electric Limited with 130,069,373 shares at Rs 5.21 per share, WorldCall Telecom with 50,574,182 shares at Rs 1.42 per share and Dewan Cement with 28,324,001 shares at Rs 10.49 per share.

Hoechst Pakistan Limited witnessed a maximum increase of Rs 102.72 per share price, closing at Rs 1,472.50, whereas, the runner-up was Mari Petroleum Company Limited with a Rs 49.66 rise in its per share price to Rs 2,836.07.

Shahmurad Sugar Mills Limited witnessed a maximum decrease of Rs 32.07 per share closing at Rs 567.84, followed by Rafhan Maize Products Company Limited with a Rs 30.00 decline to close at Rs 7,970.00.

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