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PSX turns around, gains 147 points to close at 40,652 points

ISLAMABAD: The KSE-100 index of the Pakistan Stock Exchange (PSX) on Tuesday turned around and witnessed bullish trend, closing at 40,652 points against 40,504 points on the last working day, with a positive change of 147.92 points (0.37%).

A total 150,341,863 shares were traded during the day compared to the trade of 181,446,328 shares the previous day whereas the price of shares stood at Rs. 6.336 billion against Rs. 6.177 billion previous day.

As many as 381 companies transacted shares in the stock market, 218 of them recorded gain and 142 sustained losses whereas the share price of 21 companies remained unchanged.

The three top traded companies were TRG Pak Ltd with a volume of 9,909,500 shares and price per share of Rs. 52.46, Bank Islami Pak with a volume of 8,770,500 and price per share of Rs. 10.10 and Soneri Bank Ltd with a volume of 8,678,500 and price per share of Rs. 9.86.

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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.