Pakistan stock market bullish trend prevails, psychological limit of 46 thousand restored, investment value increased by Rs 28 billion 60 crore 61 lakh
On Monday, the first day of the trading week, the KSE 100 Index regained its psychological level of 46,000 and the index rose by 219.60 points to 46087.64 points while the share prices of 54.58% companies The market investment value increased by Rs. 28.60 billion and the trading volume in terms of share transactions also increased by 9.15% over the previous trading session.
The Pakistan Stock Exchange (PSE) started trading in the positive zone last week and was boosted by investors’ interest in buying shares of profitable companies, as a result of which the KSE-100 index restored the psychological level of 46,000 and reached a high of 46,189 points. Later, the psychological level of 46100 could not be maintained but the bullish trend prevailed and at the end of the trading session, the SE-100 index closed at C46087.64 points, up 219.60 points.
Similarly, the SE-30 Index gained 104.54 points to 19165.52 points and the KSE All Shares Index gained 109.54 points to reach 31950.46 points. Shares of 22 companies remained stable. Due to the rally, the market investment value increased from Rs 83.15 billion to Rs 83.49 billion. Shares of Nestle Pakistan fell by Rs 155 to Rs 6,420 and shares of Murree Petroleum fell by Rs 17.89 to Rs 1,409.19.
