PSX continues with bullish trend, gains 1,094 points

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A stock broker watches share prices during a trading session at the Pakistan Stock Exchange (PSX) in Karachi on July 31, 2023. China has granted Pakistan a two-year rollover on a $2.4 billion loan, Islamabad said July 27, giving the debt-saddled nation breathing space in its balance-of-payments crisis. (Photo by Rizwan TABASSUM / AFP)

 The 100-index of the Pakistan Stock Ex­change (PSX) continued with bullish trend on Wednesday, gaining 1,094.91 points, a positive change of 1.81 percent, closing at 61,559.16 points against 60,464.24 points the previous trading day. 

A total of 362,771,035 shares valuing Rs12.492 billion were traded during the day as compared to 364,443,122 shares valuing Rs10.928 billion the last day. Some 347 companies transacted their shares in the stock market; 242 of them recorded gains and 84 sustained losses, whereas the share prices of 21 remained unchanged. 

The three top trading companies were Bank of Punjab with 35,437,903 shares at Rs6.24 per share, K-Electric Limited with 28,619,621 shares at Rs4.30 per share, and WorldCall Telecom with 21,425,569 shares at Rs1.29 per share.

Courtesy: The Nation

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