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PSX records another highest daily volume in history

PSX records another highest daily volume in history
May 27, 2021

KARACHI (92 News) - Bulls ruled at the Pakistan Stock Exchange (PSX) on Thursday again with the new record of daily traded volume reaching an all-time high of 2.21 billion shares in a single session.

"Pakistan Stock Exchange adds yet another feather in its cap by attracting all-time high trading volume of 2.21 billion shares in [a] single day," it noted.

However, the equities witnessed a volatile session today, with the benchmark KSE-100 index ending the day at 46,791 points with a loss of 21.56 points, despite gaining more than 391 points in early trading hours.

PTI Senator Faisal Javed Khan on Twitter hailed what he termed "yet another great news".

Earlier a day, the PSX traded 1.56 billion shares during Wednesday’s session in a day for the first time in history.

According to the reports, the PSX recorded an all-time high volume of stocks traded amid a positive sentiment due to GDP growth numbers and market-friendly budget expectations.

A total of 1.56 billion shares were traded during the session on Wednesday. The previous high was recorded in February this year when 1.12 billion shares were traded in a single day.

Meanwhile, the benchmark KSE-100 index gained nearly 511 points to close at 46,812.

On the other hand, the gold prices increased 2800 in one day and the price became 1,12,000 rupees.