Following on previous week’s momentum Pakistan Stock Exchange started the week on Monday with a very positive note. Pakistan’s benchmark stock index, PSX, gained 636.96 points today breaking Friday’s record high to reach 52,387.87 points.
The market today reached a high of 52,599.07 and a low of 51,740.91 points.
The volume leaders in the during today’s session were commercial banks, backed by the classification of MSCI Index due tomorrow morning. A total of 147.88 million shares were traded today with a total worth of Rs 17.6 billion.
Volumes were led by Engro Polymer, Dost Steels Ltd., Bank of Punjab, K-Electric Ltd and Azgard Nine. The top five gainers in today’s session were Pak Tobacco +2.76%, National Refinery3.39%, Shield Corp +4.45%, Mari Petroleum +1.61% and Pak Oilfields +5.00%.
Whereas declines in today’s session were; Unilever Foods -3.91%, Wyeth Pak -1.61%, Gandhara Industries-2.17%, Atlas Battery -1.69% and Glaxo Healthcare Pak -4.89%.
All Share Volume increased by 6.10 Million to 352.80 Million Shares. Market Cap increased by Rs.110.03 Billion.
Total companies traded were 405 compared to 389 from the previous session. Of the scrips traded 213 closed up, 177 closed down while 15 remained unchanged.
Total trades increased by 9,665 to 115,797.
Value Traded increased by 4.35 Billion to Rs.23.08 Billion
