PSX gains over 4,000 points

The Pakistan Stock Exchange (PSX) opened the week on a high note, surging over 4,000 points as political tensions eased.

As per details, the KSE-100 Index rose by 4,378 points to reach 113,891 around 2:20pm.

The benchmark index closed at 109,513.14 on Friday.

A total of 754,917,969 shares were traded during the day as compared to 1,167,361,955 3 shares the previous trading day, whereas the price of shares stood at Rs 39.424 billion against Rs.56.797 billion on the last trading day.

As many as 459 companies transacted their shares in the stock market, 281 of them recorded gains and 119 sustained losses, whereas the share price of 59 companies remained unchanged.

The three top trading companies were WorldCall Telecom with 99,942,750 shares at Rs 1.60 per share, Pace (Pak) Limited with 43,280,462 shares at Rs 7.19 per share and K-Electric Limited with 40,644,312 shares at Rs.5.32 per share.

Unilever Pakistan Foods Limited witnessed a maximum increase of Rs. 774.38 per share price, closing at Rs 21,399.80, whereas the runner-up was Nestle Pakistan Limited with Rs 70.28 rise in its per share price to Rs 7,311.65.

Rafhan Maize Products Company Limited witnessed a maximum decrease of Rs 60.45 per share closing at Rs 9,190.13 followed by Shahmurad Sugar Mills Limited with Rs 45.65 decline to close at Rs435.87