The Pakistan Stock Exchange (PSX) remained bullish on Monday – the second session in a row – with the benchmark KSE-100 Index gaining 541.98 points (+1.18 percent) to close at 45,887.63 points.
The market opened on a negative note and took a dip of around 140 points during the first 10 minutes of the session, mainly due to massive selling in TRG stocks, which brought the index down. However, the market turned around soon and remained positive throughout the session.
The KSE-100 Index moved in a range of 761.29 points, showing an intraday low of 45,206 points and a high of 45,967.29 points. Among other indices, the KSE All Share Index gained 308.57 points (+0.99 percent) to close at 31,359.57 points, while KMI All Share Islamic Index gained 170.1 points (+0.76 percent) to close at 22,539.69 points. A total of 391 companies traded shares in the stock exchange, out of them shares of 249 closed up, shares of 115 closed down while shares of 27 companies remained unchanged. Out of 97 traded companies in the KSE-100 Index, 71 closed up, 20 closed down and six remained unchanged.
The overall market volumes increased by 114.70 million to 356.97 million shares. Total volumes traded for the KSE-100 Index increased by 42.50 million to 126.94 million shares. The number of total trades increased by 37,611 to 135,014, while the value traded decreased by Rs3.94 billion to Rs11.87 billion. Overall market capitalisation increased by Rs82.10 billion.
Among scrips, UNITYR3 topped the volumes with 33.21 million shares, followed by WTL (30.07 million) and TRG (25.79 million). Stocks that contributed significantly to the volumes included UNITY3R, WTL, TRG, HUMNL, and TELE, which formed around 38 percent of total volumes. TLTP
