PSX Maintains Bullish Momentum, Closes at New All-Time High

The 100-Index of the Pakistan Stock Exchange (PSX) gained 668.57 points to close at 90,864.09, its highest-ever closing.  A total of 602,810,650 shares were traded during the day as compared to 567,264,435 shares the previous trading day, whereas the price of shares stood at Rs. 28.203 billion against Rs. 29.210 billion on the last trading day.   As many as 440 companies transacted their shares in the stock market, 171 of them recorded gains and 219 sustained losses, whereas the share price of 50 companies remained unchanged.  In a note, brokerage house Topline Securities said the positive performance was primarily driven by robust corporate earnings, which exceeded expectations and laid a strong foundation for investor confidence. Institutional buying further supported the rally, reinforcing the overall optimism.  The three top trading companies were WorldCall Telecom with 41,401,611 shares at Rs. 1.27 per share, Silk Bank Limited with 31,281,039 shares at Rs. 1.08 per share and Pace (Pak) Limited with 30,208,661 shares at Rs. 5.73 per share.  Unilever Pakistan Foods Limited witnessed a maximum increase of Rs. 162.00 per share price, closing at Rs. 19,180.00, whereas the runner-up was Siemens (Pakistan) Engineering with Rs. 122.62 rise in its per share price to Rs. 1,348.81.  Hallmark Company Limited witnessed a maximum decrease of Rs. 27.38 per share closing at Rs. 816.66 followed by Sazgar Engineering Works Limited with Rs. 22.00 decline to close at Rs. 992.56.