PSX sees bullish trend, gains 281 points
The KSE 100-Index of the Pakistan Stock Exchange saw bullish trend on Monday, gaining 281.55 points more points, a positive change of 0.29 per cent, closing at 98,079.78 points as compared to 97,798.23 points on the last trading day.
A total of 640,258,528 shares were traded during the day as compared to 1,249,092,089 shares the previous trading day, whereas the price of shares stood at Rs25.623 billion against Rs45.475 billion on the last trading day.
As many as 460 companies transacted their shares in the stock market, 220 of them recorded gains and 185 sustained losses, whereas the share price of 55 companies remained unchanged.
The rally occurred amidst ongoing political uncertainty domestically and against a backdrop of global market optimism.
Asian markets rallied, boosted by a decline in US bond yields following the appointment of Scott Bessent as the likely next US Treasury Secretary, and US futures also pointed upwards.
For the latest news, follow us on Twitter @Aaj_Urdu. We are also on Facebook, Instagram and YouTube.
Comments are closed on this story.