KARACHI: The Pakistan Stock Exchange (PSX) continued with a bullish trend on Friday, as the KSE-100 index gained 1049 more points.
The PSX closed on a positive note as the benchmark KSE-100 index gained 1,049.33 points, a positive change of 0.93 per cent, closing at 114,255.73 points as compared to 113,206.40 points on the last trading day.
A total of 543 million shares were traded during the day as compared to 483 million shares the previous trading day, whereas the price of shares stood at Rs27.97 billion against Rs26.10 billion on the last trading day.
As many as 454 companies transacted their shares in the stock market, 234 of them recorded gains and 164 sustained losses, whereas the share price of 56 companies remained unchanged. The three top trading companies were Cnergyico PK with 66 million shares at Rs7.75 per share, WorldCall Telecom with 37 million shares at Rs1.64 per share and Bank Makramah with 18 million shares at Rs3.75 per share.
Ismail Industries Limited witnessed a maximum increase of Rs97.89 per share closing at Rs1,948 whereas runner-up was PIA Holding Company Limited with Rs89.07 rise in its share price to close at Rs979.73.
Unilever Pakistan Foods Limited witnessed a maximum decrease of Rs81.50 per share price, closing at Rs22305.50, whereas the runner-up was Mehmood Textile Mills Limited with Rs28.14 decline in its per share price to Rs644.24.
Meanwhile, Pakistan’s weekly inflation droped by 0.36pc, the Pakistan Bureau of Statistics (PBS) reported.
The weekly inflation, measured by the Sensitive Price Indicator (SPI), went down by 0.36 percent for the combined consumption groups during the week ended on January 30 and decelerated to 0.44 percent on a year-on-year (YoY) basis.
