PSX Gains 764 Points Ahead of IMF Board Meeting  

The 100-Index of the Pakistan Stock Exchange (PSX) gained 764.28 points ahead of the IMF Board meeting on Wednesday, a positive change of 0.94 percent, closing at 82,247.92 points against 81,483.64 points on the last working day.  A total of 422,163,158 shares were traded during the day as compared to 369,620,812 shares the previous trading day, whereas the price of shares stood at Rs 18.380 billion against Rs. 17.062 billion on the last trading day.   As many as 437 companies transacted their shares in the stock market, 248 of them recorded gains and 126 sustained losses, whereas the share price of 63 companies remained unchanged.  The three top trading companies were Kohinoor Spinning with 51,886,989 shares at Rs. 8.92 per share, WorldCall Telecom with 29,716,479 shares at Rs. 1.25 per share and Pace (Pak) Limited with 25,434,647 shares at Rs. 5.91 per share.  PIA Holding Company Limited witnessed a maximum increase of Rs. 89.75 per share price, closing at Rs. 987.29, whereas the runner-up was Hallmark Company Limited with Rs. 84.90 rise in its per share price to Rs. 933.90.  Ismail Industry Limited witnessed a maximum decrease of Rs. 83.28 per share closing at Rs. 1,813.39 followed by Mehmood Textile Mills Limited with Rs. 60.40 decline to close at Rs. 554.07.