PSX Surpasses 108,000 Mark Following Another Massive Single-Day Surge

59
Advertisement

The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) gained 3,134.63 points on Thursday to close at an all-time high of 108,238.96 points, up 2.90 percent over the previous closing. 

The over 3,000-point increase represents the third highest-ever single-day gain, with the top also coming during the current year.  

According to brokerage house Arif Habib Limited, the market activity surged to a 19 year high, with a traded value of over Rs. 63 billion ($227 million). This marks the highest activity in the regular market since 17-Apr-2006, AHL said.


A total of 1,645,112,614 shares were traded on the day, slightly lower than the 1,749,316,877 shares traded the previous day. The total value of shares reached Rs. 63.104 billion, compared to Rs. 50.41 billion on Tuesday.

Out of the 472 companies that traded shares, 306 posted gains, 129 experienced losses, and the share price of 37 companies remained unchanged.

LEAVE A REPLY

Please enter your comment!
Please enter your name here