Pakistan Stock Exchange (PSX) witnessed a bullish trend on Monday as the benchmark KSE-100 Index gained 1353.35 points to 149,971.12 points against 148,617.77 points in the previous session.
During the early hours of trading, the stock market saw a volatile trend and fell into the red; however, later the market recovered the losses and maintained the bullish trend till the end of the session.
The stock market also recovered the 150,000-point limit during the intraday trading.
A total of 510,554,003 shares were traded during the day as compared to 1,342,203,045 shares on the previous trading day, whereas the price of shares stood at Rs 34.022 billion against Rs 52.305 billion on the last trading day.
As many as 479 companies transacted their shares in the stock market, 272 of them recorded gains and 175 sustained losses, whereas the share price of 32 companies remained unchanged.
Buying interest was observed in key sectors, including automobile assemblers, commercial banks, oil and gas exploration companies, OMCs, pharmaceuticals, and power generation. Index-heavy stocks, including HUBCO, SNGPL, SSGC, OGDC, POL, HBL, MEBL, and NBP, traded in the green.
