KARACHI: A bullish trend continued at the Pakistan Stock Exchange (PSX) for a third consecutive day on Wednesday, reaching a new all-time high by the benchmark KSE-100 index crossing the 87,000-point barrier.
The 100-Index gained 727.96 more points, a positive change of 0.84 pc, closing at 87,194.53 points against the previous 86,466.58 points on the last trading day. The index reached an intraday high of 87,309.22 points.
A total of 699,294,030 shares were traded during the day as compared to 722,209,194 shares the previous trading day, whereas the price of shares stood at Rs 26.824 billion against Rs.25.024 billion on the last trading day.
The three top trading companies were K-Electric Limited with 207,635,816 shares at Rs 4.67 per share, WorldCall Telecom with 42,917,587 shares at Rs 1.29 per share, and Pak International Bulk with 33,969,303 shares at Rs 5.96 per share.
Unilever Pakistan Foods Limited witnessed a maximum increase of Rs 96.84 per share price, closing at Rs 18,263.67, whereas the runner-up was Siemens (Pakistan) Engineering with Rs 92.57 rise in its per share price to Rs 1,018.23.
Rafhan Maize Products Company Limited witnessed a maximum decrease of Rs 61.88 per share closing at Rs 7,300.00 followed by Pakistan Engineering Company Limited with Rs 28.60 decline to close at Rs 896.39.
Additional information from the Associated Press of Pakistan
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