PSX opens new business week strong, surges over 900 points
Business
PSX opened the week on a strong note, with KSE-100 rising 957.97 points to 160,550.87. Market cap hits Rs18.286 trillion as 228 stocks closed higher
KARACHI (Dunya News) – The Pakistan Stock Exchange (PSX) opened the new business week on a strong note amid robust investor confidence on Monday.
During intraday trading, the KSE-100 index gained 957.97 points to reach 160,550.87, marking a positive change of 0.6 percent compared to previous close 159,592.90 points.
In previous session, the PSX also witnessed a positive trend as the KSE-100 index gained 496.11 points, a positive change of 0.31 percent, closing at 159,592.90 points against 159,096.79 points on Friday.
A total of 768.833 million shares valuing Rs30.735 billion were traded compared to 957.304 million shares worth Rs30.446 billion on the previous day. The market capitalization increased to Rs18.286 trillion from Rs18.220 trillion.
Out of 479 companies transacted, 228 closed up, 203 closed down, and 48 remained unchanged.
