PSX hits all-time high as 100-Index soars by 1,378 points amid bullish sentiment

Psx Hits All Time High As 100 Index Soars By 1378 Points Amid Bullish Sentiment

KARACHI – Positive sentiment dominated the Pakistan Stock Exchange (PSX) on Monday, with the 100-Index climbing 1,378.34 points, or 1.65%, to reach an all-time high of 84,910.30 points, up from 83,531.96 points on the previous trading day.

Trading volume soared to 449,507,635 shares, compared to 381,529,555 shares on the last trading day, with the total share value reaching Rs 30.196 billion, up from Rs 20.523 billion.

In total, 448 companies participated in the trading, with 224 recording gains, 86 facing losses, and 3 companies’ share prices remaining unchanged.

The top three traded companies included Pak Petroleum, which saw 40,779,930 shares traded at Rs 126.69 per share, Hub Power Company XD with 28,080,507 shares at Rs 121.70 per share, and Fauji Cement XD with 23,127,553 shares at Rs 28.00 per share.

Hoechst Pakistan Limited experienced the highest increase, with its share price rising by Rs 185.20 to close at Rs 2,285.20. Pakistan Tobacco Company Limited followed with an increase of Rs 85.77, closing at Rs 1,027.45.

On the downside, Bhanero Textile Mills Limited saw the largest decrease, falling by Rs 82.27 to close at Rs 966.73, while Hallmark Company Limited declined by Rs 43.04, finishing at Rs 1,132.30.

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