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Home Business & Stock

PSX continues bullish trend, gains over 440 points in early trading

MM News Staff by MM News Staff
March 5, 2025
Reading Time: 1 min read
Image: APP

Image: APP

Pakistan Stock Exchange (PSX) on Wednesday continued its upward trend after opened in the green and the benchmark KSE-100 index surged by 441 points to 113,185.35 against 112,743.79 points in the previous session.

At 9:50 the market was trading on 113,185.35 with a positive change of 0.39% while in total 330 companies were active in the trading.

Yesterday, the 100-Index of PSX turned around to a bullish trend, gaining 756.91 points, a positive change of 0.68 percent, closing at 112,743.80 points as compared to 111,986.89 points on Monday.

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A total of 206,851,125 shares were traded during the day as compared to 208,881,544 shares the previous trading day, whereas the price of shares stood at Rs11.337 billion against Rs11.881 billion on the last trading day.

As many as 429 companies transacted their shares in the stock market,221 of them recorded gains and 150 sustained losses, whereas the share price of 58 companies remained unchanged.

The three top trading companies were WorldCall Telecom with 12,563,739 shares at Rs.1.40 per share, Citi Pharma Limited with 12,282,173 shares at Rs.92.93 per share and Pak International Bulk with 10,341,268 shares at Rs.9.12 per share.

Unilever Pakistan Foods Limited witnessed a maximum increase of Rs.61.32 per share closing at Rs.23,066.34 whereas runner-up was Sapphire Textile Mills Limited with Rs.28.82 rise in its share price to close at Rs.1,200.00.

Mehmood Textile Mills Limited  witnessed a maximum decrease of Rs.42.52 per share price, closing at Rs.385.73, whereas the runner-up was Reliance Cotton Spinning Mills Limited with Rs.33.41 decline in its per share price to Rs.483.67.

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