Pakistani stocks staged a big jump today with the KSE-100 index gaining over 4,300 points after news broke that Pakistan is leading the upcoming US-Iran peace talks in the coming few days.
The 100-Index of the Pakistan Stock Exchange (PSX) rose by 4,310 points or 2.8 percent to touch 158,276 points as compared to 153,966 points on the last trading day.
The benchmark during mid-session eased back to 157,230, still up 2.12 percent or 3,263 points.
It closed at 158,313 having gained 4,347.08 points (+2.82 percent).
A total of 348 million shares were traded during the day, whereas the price of shares stood at Rs. 28.9 billion at close.
As many as 567 companies transacted their shares in the stock market, 363 of them recorded gains and 77 sustained losses, whereas the share price of 127 companies remained unchanged.
Top Volumes
| SCRIP | PRICE | HIGH | LOW | CHANGE | VOLUME |
|---|---|---|---|---|---|
| UNITY | 8.57 | 8.72 | 7.99 | 0.58 | 72,631,903 |
| KEL | 7.8 | 7.86 | 7.65 | 0.16 | 36,662,106 |
| FCCL | 41.98 | 42.0 | 38.13 | 3.8 | 26,066,097 |
| FNEL | 1.23 | 1.29 | 1.2 | -0.02 | 24,816,049 |
| NCPL | 64.65 | 65.1 | 60.8 | 4.61 | 24,387,082 |
| PIBTL | 15.45 | 15.5 | 14.25 | 1.36 | 22,164,621 |
| BOP | 26.64 | 26.83 | 26.05 | 0.63 | 20,723,432 |
Bought yesterday and sold at high today. I don’t follow the news and get profit from hype.