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Friday, November 08, 2024  
05 Jumada Al-Awwal 1446  

PSX turns around to bullish trend, gains 499 points

A total of 678,788,064 shares were traded during the day
Huge amount of foreign trades were expected with PSX’s reclassification. Reuters
Huge amount of foreign trades were expected with PSX’s reclassification. Reuters

The KSE-100-Index of the Pakistan Stock Exchange (PSX) turned around to a bullish trend on Thursday, gaining 499.05 points, a positive change of 0.54 per cent, closing at 92,520.49 points as compared to 92,021.44 points on the last trading day.

A total of 678,788,064 shares were traded during the day as compared to 889,166,479 shares the previous trading day, whereas the price of shares stood at Rs 24.827 billion against Rs. 30.474 billion on the last trading day.

As many as 449 companies transacted their shares in the stock market, 257 of them recorded gains and 145 sustained losses, whereas the share price of 47 companies remained unchanged.

During yesterday’s trading, the market recorded transactions worth Rs19.83 billion, with approximately Rs376 million shares changing hands.

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Additionally, the dollar saw a slight decrease in the interbank market, falling by 4 paisas to a new price of Rs277.85.

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