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PSX Closes Over 1,000 Higher to End Week 

5 min read
Legal Expert
PSX Closes Over 1,000 Higher to End Week 
The 100-Index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Friday, gaining 1,049.33 more points, a positive change of 0.93 percent, closing at 114,255.73 points as compared to 113,206.40 points on the last trading day.  A total of 543,124,378 shares were traded during the day as compared to 483,939,931 shares the previous trading day, whereas the price of shares stood at Rs. 27.973 billion against Rs. 26.103 billion on the last trading day.  As many as 454 companies transacted their shares in the stock market, 234 of them recorded gains and 164 sustained losses, whereas the share price of 56 companies remained unchanged.  The three top trading companies were Sui Cnergyico PK with 66,683,225 shares at Rs. 7.75 per share, WorldCall Telecom with 37,804,093 shares at Rs. 1.64 per share and Bank Hakramah with 18,549,052 shares at Rs. 3.75 per share.  Ismail Industries Limited witnessed a maximum increase of Rs. 97.89 per share closing at Rs. 1,947.89 whereas runner-up was PIA Holding Company Limited with Rs. 89.07 rise in its share price to close at Rs. 979.73.  Unilever Pakistan Foods Limited witnessed a maximum decrease of Rs. 81.50 per share price, closing at Rs. 22,305.50, whereas the runner-up was Mehmood Textile Mills Limited with Rs. 28.14 decline in its per share price to Rs. 644.24. 
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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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