The Pakistan Stock Exchange (PSX) opened the new business week on a strong note Monday, with the KSE-100 Index climbing over 600 points. Buoyed investor sentiment pushed the index once again beyond the 146,000-point mark in intraday trade.
By 11:30 am, shares of 459 companies had been traded, with 273 advancing, 173 declining, and 13 remaining unchanged.
On Friday, the PSX benchmark had reversed into negative territory, shedding 264.34 points, or 0.18 percent, to close at 145,382.80.
Trading volume stood at 548,050,956 shares, compared to 712,527,450 in the previous session, while the value of shares traded amounted to Rs 45.488 billion, down from Rs 55.677 billion in the prior session.
As many as 482 companies transacted their shares in the stock market, 151 of them recorded gains and 296 sustained losses, whereas the share price of 35 companies remained unchanged.
The three top trading companies were Pak Petroleum with 21,967,632 shares at Rs 188.23 per share, Bank of Punjab with 21,258,633 shares at Rs13.92 per share and Loads Limited with 20,561,978 shares at Rs 16.58 per share.
Ismail Industries Limited witnessed a maximum increase of Rs 70.39 per share price, closing at Rs 2,172.38, whereas the runner-up was Supernet
Technologies Limited with Rs43.11 rise in its per share price to Rs 802.60.
PIA Holding Company LimitedB witnessed a maximum decrease of Rs478.14 per share closing at Rs 29,379.66 followed by Nestle Pakistan Limited with Rs87.02 decline in its share price to close at Rs8,950.56.