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Bulls Take Control as PSX Gains 690 Points 

5 min read
Legal Expert
Bulls Take Control as PSX Gains 690 Points 
The 100-Index of the Pakistan Stock Exchange (PSX) witnessed bullish trend on Tuesday, gaining 690.39 points to close at 81,804.59 points against 81,114.20 points on the last working day.  A total of 359,081,585 shares were traded during the day as compared to 297,994,181 shares the previous trading day, whereas the price of shares stood at Rs. 17.160 billion against Rs. 14.103 billion on the last trading day.   As many as 436 companies transacted their shares in the stock market, 243 of them recorded gains and 139 sustained losses, whereas the share price of 54 companies remained unchanged.  The three top trading companies were Fauji Cement with 29,125,856 shares at Rs. 26.62 per share, Hub Power Company XD with 19,621,123 shares at Rs. 126.47 per share and WorldCall Telecom with 19,051,954 shares at Rs. 1.24 per share.  Unilever Pakistan Foods Limited witnessed a maximum increase of Rs. 194.94 per share price, closing at Rs. 17,270.00, whereas the runner-up was Hallmark Company Limited with Rs. 78.42 rise in its per share price to Rs. 1,116.73.  Pakistan Engineering Company Limited witnessed a maximum decrease of Rs. 55.00 per share closing at Rs. 755.00 followed by Sitara Chemical Industries Limited with Rs. 14.92 decline to close at Rs. 270.08. 
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Written by the expert legal team at Javid Law Associates. Our team specializes in corporate law, tax compliance, and business registration services across Pakistan.

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