PSX today: Pakistan Stock Exchange (PSX) continues its top pace, displaying rapid sentiment to the market in the initial trade on Wednesday.
KSE -100 Index recorded a significant increase in 9:55 am, arrived 117,785.02 pointsMarking, marking 1,151.86 points or 0.99 % from the previous closing price.
On Tuesday, the benchmark KSE-100 Index changed its trend and moved to the rapid area. He took advantage of 193.55 points or 0.17 %, which is closed at 116,633.17 points in the previous session, against 116,439.62 points.
Throughout the day, the exchange traded 268,098,907 shares, which is a slight decline in the earlier meeting compared to 311,970,520 shares. The total price of trade shares is Rs 19.455 billion, which is less than Rs 20.953 billion recorded in the previous trading day.
A total of 436 companies participated in market activity, in which 155 companies observe the benefits, 214 companies suffer disadvantages, and 67 companies maintain their stock prices without any change.
The three most actively traded stocks of the session were:
- Pak Electron Trade for Rs 45.90 per share with 23,534,658 shares
- TRG Pakistan Limited with 22,825,615 shares traded at Rs 666.14
- Trade at Rs 7.94 per share in Cnergyico PK with 14,454,846 shares
Among the top beneficiaries, Unilever Pakistan Foods Limited recorded the highest increase in prices, its share price increased by Rs 23.50, which closed at Rs 23,549.00. The second most beneficial Indus Motors Company was Ltd., which saw an increase of Rs 18.77 per share, which closed at Rs 2,060.00.
On the contrary, the Rafan corn product company Limited saw the biggest price decline, which reduced its share price by Rs 91.06, which closed at Rs 9,066.01. In terms of losses, runner -up services industry Limited, its share price fell Rs 25.45, which was fixed at Rs 1,292.98.
With the market continuing its positive pace, investors are optimistic about the potential opportunities for growth in the coming days.
