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PSX stays bullish for 3rd consecutive day, gains 511 points

MM News Staff by MM News Staff
May 26, 2021
Reading Time: 1 min read

KARACHI: The Pakistan Stock Exchange (PSX) continued to head north for 3rd consecutive day on Wednesday, with the indices accumulating gains all day long amid positive sentiments.

The KSE 100-index of the PSX today continued with a bullish trend, gaining 511.65 points, with a positive change of 1.11 percent, closing at 46,812.31 points against 46,300.66 points on the last working day.

A total of 1,563,360,922 shares were traded during the day compared to the trade of 677,381,398 shares the previous day whereas the price of shares stood at Rs28.338 billion against Rs23.505 billion the previous day.

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As many as 423 companies transacted shares in the stock market, 284 of them recorded gain and 125 sustained losses whereas the share price of 14 companies remained unchanged.

The three top traded companies were WorldCall Telecom with a volume of 707,728,500 shares and price per share of Rs2.28, Hum Network with a volume of 112,493,500 and price per share of Rs6.81 and Unity Foods Ltd with a volume of 45,126,446 and price per share of Rs43.68.

Unilever FoodsXD witnessed a maximum increase of Rs927.04 per share, closing at Rs16599 Wyeth Pak Ltd was runner up, share prices of which increased by Rs138.26, closing at Rs1981.84.

Island Textile recorded the maximum decrease of Rs150 per share, closing at Rs9350 followed by Mehmood Textile, the share prices of which decreased by Rs20 per share, closing at Rs400.

Tags: gains 511 pointsMM News MM TVPSX stays bullish for 3rd consecutive day
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