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PSX gains 73 points to close at 35,051 points

ISLAMABAD: The Pakistan Stock Exchange (PSX) Friday continued with bullish trend as KSE 100 index closed at 35,051.38 points as compared to 34,978.18 points on the last working day, with positive change of 73.20 points (0.21%).

A total 175,761,298 shares were traded compared to the trade 383,084,088 shares during the previous day, whereas the value of shares traded during the day stood at Rs6.742 billion as compared to Rs12.506 billion during last trading day.

As many as 346 companies transacted shares in the Stock Market, out of which 155 recorded gain and 172 sustained losses whereas the share price of 19 companies remained unchanged.

The three top traded companies were TRG Pak Ltd with a volume of 23,306,000 shares and price per share of Rs31.16, Jai Sidd. Co with a volume of 12,745,000 with price per share of Rs13.09 and Hum Network with a volume of 9,117,500 and price per share of Rs14.31.

Mari Petroleum recorded maximum increase of Rs23.12 per share, closing at Rs1245.77 while Ferozsons (Lab) was runner up with the increase of Rs21.43 per share, closing at Rs333.77.

Archroma Pak witnessed maximum decrease of Rs15.24 per share, closing at Rs555.56, whereas prices of Sapphire Tex shares decreased by Rs15.01 per share closing at Rs909.99.

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.