PSX: Bulls dominate the bourse enabling 204 stocks close higher!

KARACHI: Bulls were seen all over the bourse on week’s third day too letting Benchmark KSE-100 Index close at 38,716 with an augmentation of 1.33% (508 points).

Rs. 6.9b worth of 180m shares changed hands today. Value of the shares of 196 stocks augmented 148 plummeted while 18 remained stagnant.

Cement, Technology and Communication Sectors led today’s trading with 23.1m and 22.5m shares.

Top five traders of shares today were: TRG Pak Ltd., 15.0m shares (+5.00pc); Dewan Salman, 13.4m shares (-45.45pc); D.G. Khan Cement,  8.8m shares (+2.36pc); Nishat Power, 7.1m shares (+3.24pc); Dost Steels Ltd: 7.0m shares (+8.93pc)

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M M Alam

M. M. Alam is a Pakistan-based working journalist since 1981. Karachi University faculty gold medalist Alam began his career four decades ago by writing for Dawn, Pakistan’s highest circulating English daily. He has worked for region’s leading publications, global aviation periodicals including Rotors (of USA) and vetted New York Times as permanent employee of daily Express Tribune. Alam regularly covers international aviation and defense-related events including Salon Du Bourget (France), Farnborough (United Kingdom), Dubai (UAE). Alam has reported thousands of events and interviewed hundreds of people in Pakistan, UAE, EU, UK and USA. Being Francophone Alam also coordinates with a number of French publications.