KARACHI: Pakistan Stock Exchange (PSX) observed a bullish trend as the benchmark KSE-100 index gained 35277.46 points.
On Monday, the total turnover was 207,782,700 as compared to 157,118,951 on the last working day with Fauji Cement having the highest turnover of 11,182,000.
Total 370 companies’ transacted shares in the Stock Market, out of which 278 recorded gain and 80 sustained losses whereas the share price of 12 companies remained unchanged.
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Mari Petroleum was recorded at the maximum increase in its share price, which was 39.44 rupees while Island Textile recorded a maximum decrease of 91.73 rupees.
During the previous week, traders, initially, were in a state of uncertainty and a bit of nervousness as the JUI-F-led anti-government protest march moved towards Islamabad with politicians agitating the participating crowd.
But later, the market had managed to calm down and the index had bounced back as heavy buying erupted in the current favourites, cement, oil marketing companies and blue-chip stocks in selected sectors.
Read also: US dollar declines slightly against Pakistani rupee
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