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Home Business & Stock

PSX tontines bullish trend, gains over 600 points in early trading

MM News Staff by MM News Staff
March 7, 2025
Reading Time: 1 min read
Image: APP

Image: APP

Pakistan Stock Exchange (PSX) maintained bullish trend in the early trading on Friday as the benchmark KSE-100 Index gained 647 points.

At 9:45 the market stood at 114,361.08 points with a positive change of 0.57%.

On Thursday, PSX  turned around to bullish trend, gaining 1,459.42 points, a positive change of 1.30 percent, closing at 113,713.18 points as compared to 112,253.76 points on the last trading day.

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A total of 373,093,763 shares were traded during the day as compared to 263,963,740 shares the previous trading day, whereas the price of shares stood at Rs26.249 billion against Rs13.731 billion on the last trading day.

As many as 441 companies transacted their shares in the stock market,220 of them recorded gains and 142 sustained losses, whereas the share price of 79 companies remained unchanged.

The three top trading companies were Pak International Bulk with 48,305,211 shares at Rs10.06 per share, Fauji Cement with 28,192,754 shares at Rs42.02 per share and WorldCall Telecom with 22,575,994 shares at Rs1.36 per share.

Unilever Pakistan Foods Limited witnessed a maximum increase of Rs167.51 per share closing at Rs23,169.00 whereas runner-up was Pakistan State Oil Company Limited with Rs18.92 rise in its share price to close at Rs344.60.

Nestle Pakistan Limited witnessed a maximum decrease of Rs137.18 per share price, closing at Rs7,362.02, whereas the runner-up was Ismail Industries Limited with Rs8671 decline in its per share price to Rs1,803.69.

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