The Pakistan Stock Exchange gained 162 points, closing at 81,967.01. Discover trading highlights and insights on boosting economic ties in Pakistan.
ISLAMABAD – The 100-index of the Pakistan Stock Exchange (PSX) continued its bullish trend on Wednesday, gaining 162.41 points. This positive change of 0.20 percent brought the closing figure to 81,967.01 points, up from 81,804.59 points the previous working day. This upward movement reflects increasing investor confidence, which is vital for boosting economic ties in Pakistan.
Trading Highlights
A total of 360,987,426 shares were traded during the day. This represents a slight increase compared to the 359,081,585 shares traded on the last day. The value of shares traded stood at Rs15.391 billion, down from Rs17.160 billion previously.
Key Companies:
- Agha Steel Industries led with 30,832,938 shares at Rs10.72 per share.
- WorldCall Telecom followed with 26,473,160 shares at Rs1.21 per share.
- Fauji Cement traded 20,045,582 shares at Rs27.41 per share.
Out of the 448 companies transacting shares, 164 recorded gains while 221 sustained losses. The share prices of 63 companies remained unchanged, indicating a balanced market.
Notable Price Movements
Among the significant gainers, Rafhan Maize Products Company Limited experienced a remarkable increase of Rs187.57 per share, closing at Rs6,999.00. Unilever Pakistan Foods Limited also saw a notable rise of Rs28.80, closing at Rs17,295.80.
Conclusion
The PSX’s bullish performance reflects growing investor interest and confidence in Pakistan’s economic landscape. Such trends are crucial for boosting economic ties, not only domestically but also with international investors looking for opportunities.
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