Pakistan Stock Exchange (PSX) witnessed a strong bullish trend on Tuesday as the benchmark KSE-100 Index gained 1004.36 points to 150,975.48 points against 149,971.12 points in the previous session.
During the intraday trading, the stock market also hit the 151,000 points mark.
A total of 440,623,304 shares were traded during the day as compared to 1,183,076,656 shares on the previous trading day, whereas the price of shares stood at Rs 29,616 billion against Rs 48.849 billion on the last trading day.
As many as 479 companies transacted their shares in the stock market, 226 of them recorded gains and 232 sustained losses, whereas the share price of 21 companies remained unchanged.
Buying interest was observed in key sectors including automobile assemblers, commercial banks, oil and exploration companies, OMCs, pharmaceuticals, power generation, and refinery. Index-heavy stocks, including HUBCO, ARL, NRL, MARI, OGDC, PPL, PSO, SNGPL, SSGC, HBL, MEBL, NBP, and UBL traded in the green.
On Monday, the PSX began the new month with a powerful rally, driven by strong investor sentiment, robust buying interest in key sectors, and an inflation reading that came in well below expectations.
The benchmark KSE-100 Index surged by 1,353 points, or 0.91%, to close at 149,971.12 points.
