Pakistani stocks staged a big rebound today with the KSE-100 index gaining over 5,000 points after equities recovered from Monday’s jitters.
The 100-Index of the Pakistan Stock Exchange (PSX) rose by 5,159 points or 3.39 percent to close at 157,132 points as compared to 151,972 points on the last trading day.
The benchmark index during mid-session rose by 6,245 points to as high as 158,217 before easing towards the 157,000 level.
A total of 429.9 million shares were traded during the day, whereas the price of shares stood at Rs. 38 billion at close.
As many as 567 companies transacted their shares in the stock market, 213 of them recorded gains and 228 sustained losses, whereas the share price of 126 companies remained unchanged.
Top Volumes
| SCRIP | PRICE | HIGH | LOW | CHANGE | VOLUME |
|---|---|---|---|---|---|
| KEL | 7.29 | 7.44 | 6.8 | 0.59 | 74,401,539 |
| WTL | 1.21 | 1.22 | 1.13 | 0.09 | 50,045,665 |
| PAEL | 39.33 | 42.7 | 38.92 | -3.91 | 38,234,339 |
| UNITY | 8.6 | 9.06 | 8.6 | -1.0 | 29,974,829 |
| BOP | 28.64 | 29.5 | 27.26 | 0.11 | 28,091,733 |
| CNERGY | 6.33 | 6.68 | 5.87 | 0.23 | 25,439,509 |
| TELE | 6.66 | 7.19 | 6.28 | -0.52 | 25,103,572 |
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news dictated by phauji sahab.
Yet prices of everything is so high. So what’s the point