KARACHI: After a two-day public holiday, the Pakistan Stock Exchange (PSE) remained bullish on Friday and the KSE-100 Index rose by 300 points to cross the 47,500-point mark.
The market capitalization increased by more than Rs. 58 billion as a result of which the total volume of capital exceeded Rs. 83 trillion. Due to the business boom, the share price also increased by 64.22%.
Investors and financial institutions invested in petroleum, banking, telecom, food, chemicals, and other lucrative sectors. Due to which the KSE 100 Index increased by 341.37 points and the Index increased from 47258.45 points to 47599.82 points.
Similarly, the KSE 30 Index increased by 170.76 points from 18932.28 points to 19103.04 points while the KSE All Shares Index increased from 32235.13 points to 32465.22 points.
Due to the business boom, the market capitalization increased by Rs. 58.89 billion as a result of which the total volume of capital increased from Rs. 82.51 billion to Rs. 83.10 billion.
299.134 million shares worth Rs. 13 billion were traded on the Pakistan Stock Exchange on Friday while 246.07 million shares worth Rs. 11 billion were traded on Tuesday.
