PSX holds upward trajectory, hits new record high

KARACHI: On the final trading day of the week, the KSE-100 index at the Pakistan Stock Exchange (PSX) continued its upward trend, reaching a record high of 73,449.37 points before settling at 73,085.50 points, ARY News reported on Friday.

In today’s trading session, the 100 index witnessed a bullish trend gaining 427.45 points, with a change of 0.59 percent, after closing at 73,085.50 points against the previous day’s close of 72,658.05 points.

During the session, the chart maintained an upward trajectory with a high recorded at 73,449.37 points and a low of 72,876.83 points.

A total of 741,196,400 shares valuing Rs 25.26 billion were traded during the day.

Meanwhile, some 381 companies transacted their shares in the stock market with 217 recording gains and 132 sustained losses, whereas the prices 32 remained unchanged.

A day earlier, the KSE-100 index of the PSX experienced a bullish trend, gaining merely 56 points, with a change of 0.08 percent, after closing at 72,658.05 points against the previous day’s close of 72,601.81 points.

In today’s trading session, the 100 index witnessed a bearish trend during intraday with a high recorded at 72,889.78 points and a low of 72,325.34 points was recorded before settling at 72,658.05 points.

A total of 235,199,535 shares valuing Rs 11.8 billion were traded during the day as compared to 970,325,029 shares valuing Rs 23.514 billion the last day.

Some 375 companies transacted their shares in the stock market with 218 recording gains and 125 sustained losses, whereas the prices 32 remained unchanged.