Karachi (Web Desk): The 100-index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Thursday, gaining 2,094.76 points, a positive change of 2.73%, closing at historic level of 78,801.53 points against 76,706.77 points the previous trading day.
A total of 452,637,253 shares valuing Rs20.675 billion were traded during the day as compared to 395,897,996 shares valuing Rs21.366 billion the last day.
Some 447 companies transacted their shares in the stock market; 256 of them recorded gains and 133 sustained losses, whereas the share prices of 58 remained unchanged.
In PSX, the three top trading companies were Silk Bank Ltd with 53,586,473 shares at Rs1.09 per share, the K-Electric Ltd with 23,109,865 shares with Rs4.72 per share and Habib Bank with 20,943,162 shares at Rs121.92 per share.
Rafhan Maize Products Company Limited witnessed a maximum increase of Rs86.62 per share price, closing at Rs7,706.92, whereas the runner-up was Ismail Industries Limited with a Rs63.93 rise in its per share price to Rs1,443.93.
Bhanero Textile Mills Limited witnessed a maximum decrease of Rs75.99 per share closing at Rs994.59, followed by Faisal Spinning Mills Limited with Rs17.00 decline to close at Rs280.00.
Meanwhile, Pakistan Rupee on Thursday witnessed a devaluation of 10 paisa against the US dollar in the interbank trading and closed at Rs278.60 against the previous day’s closing at Rs278.50.
According to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market, however, were Rs277.7 and Rs280.6 respectively.
The price of the Euro increased by 55 pasia to close at Rs298.77 against the last day’s closing of Rs298.22, according to the State Bank of Pakistan (SBP).
