The 100-Index of the Pakistan Stock Exchange (PSX) gained 356.64 more points on Monday to close at 93,648.33 points, a fresh record high.
A total of 815,188,409 shares were traded during the day as compared to 763,255,174 shares the previous trading day, whereas the price of shares stood at Rs 37.324 billion against Rs.30.206 billion on the last trading day.
As many as 454 companies transacted their shares in the stock market, 227 of them recorded gains and 184 sustained losses, whereas the share price of 43 companies remained unchanged.
In a note brokerage house Topline Securities pointed out that the market showed positive momentum, with the index reaching a peak of 94,020 and dipping to a low of 93,319, as investors took a directional stance, driven by lower valuations in the pharma sector.
The index was lifted by positive contributions from OGDC, PPL, ABOT, SEARL, and GLAXO, which collectively added 399 points, it said.
Trading activity remained robust, with 811 million shares traded, amounting to Rs. 37 billion. CNERGY led the trading volume, with a significant 98 million shares changing hands, Topline added.
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