Pakistan Stock Exchange(PSX) witnessed a strong bullish trend on Monday as the benchmark KSE-100 Index gained 1704.79 points to close at an all-time high of 148,196.42 points against 146,491.63 points in the previous session.
A total of 227,677,561 shares were traded during the day as compared to 473,601,407 shares on the previous trading day, whereas the price of shares stood at Rs 27.693 billion against Rs 32.882 billion on the last trading day.
As many as 487 companies transacted their shares in the stock market, 283 of them recorded gains and 175 sustained losses, whereas the share price of 29 companies remained unchanged.
Buying was observed in key sectors including cement, commercial banks, fertiliser, oil and gas exploration companies, OMCs, and power generation. Index-heavy stocks, including HUBCO, SNGPL, SSGC, MARI, OGDC, PPL, POL, MEBL, and UBL, traded in the green.
During the previous week, the PSX climbed to an all-time intraday high of 147,534 points before closing at 146,492 points, up 1,109 points or 0.8% on a week-on-week basis.
