Monday, September 16, 2024

PSX witnesses bullish trend, gains 2,210 points

PSX witnesses bullish trend, gains 2,210 points
January 1, 2024 Web Desk

ISLAMABAD (APP) - The 100-index of the Pakistan Stock Exchange (PSX) witnessed bullish trend on Monday, gaining 2,210.74 points, a positive change of 3.54 percent, closing at 64,661.78 points against 62,451.04 points the previous trading day.

A total of 625,147,050 shares valuing Rs.18.525 billion were traded during the day as compared to 590,592,624 shares valuing Rs.16.844 billion the last day. Some 380 companies transacted their shares in the stock market; 328 of them recorded gains and 37 sustained losses, whereas the share prices of 15 remained unchanged.

Meanwhile, the per tola price of 24 karat gold decreased by Rs300 and was sold at Rs219,700 compared to its sale at Rs220,000 on the last trading day. The price of 10 grams of 24 karat gold also decreased by Rs258 to Rs188,357 from Rs188,615 whereas the price of 10 grams 22 karat gold went down to Rs172,661 from Rs172,897.

The price of per tola and ten-gram silver remained unchanged at Rs2,680 and Rs2,297.66 respectively. The price of gold in the international market remained stagnant at US$2,082.