KARACHI ( WEB DESK )
Pakistan Stock Exchange (PSE) continued its bullish trend on Friday, with the KSE-100 Index gaining another 309.80 points to reach a high of 45654.34 points while the share prices of 53.36% companies rose. The market capitalization increased by Rs. 61.79 billion
In terms of share trading, the trading volume was 8.57% higher than on Thursday. Trading in the Pakistan Stock Exchange (PSE) on Friday started in the positive zone and investors were keen to buy shares of profitable companies from the outset. As a result, the SE 100 Index reached a high of 45915 points during trading. Later, due to profit taking trend, the psychological levels of 45700, 45800 and 45900 points could not be maintained but the bullish trend continued till the end and at the end of trading the KSE 100 Index closed at 45654.34 points with an increase of 309.80 points. With the increase of 19123.77 points and the KSE All Shares Index increased by 237.10 points to the level of 31889.53 points. A total of 416 stocks were traded on the day, with 222 stocks gaining, 171 stocks declining and 23 stocks stabilizing.
In terms of significant fluctuations in share prices, Nestl پاکستان Pakistan’s share price rose by Rs 107.09 to Rs 6,807.09, Bahiniro Tax rose by Rs 61.98 to Rs 893.99, Gatern Industries fell by Rs 44 to Rs 546 and Murree Petroleum fell by Rs 18.57 to Rs 1,389. 77