PSX: Bourse bullish as benchmark KSE-100 Index augments 0.37%!

SANA MAHMOOD

KARACHI: Bulls returned to the stock exchange with commercial banking and chemical sectors reigning supreme today with 16.3m and 10.6m shares respectively.

With the gaining of 152 points the bourse closed at 41,279 points. Rs. 5.41b worth of 99.68m shares changed hands. The value of the shares of 136 companies augmented, 189 plummeted while 14 remained stagnant.

Commercial banks dominated the trading with 16.3m shares traded while the chemical sector followed with 10.6m shares traded.

The five top traders today were: Engro Polymer, 9.4m shares (-4.47pc); K-Electric Ltd., 9.3m shares (+1.79pc); Jahangir Siddiqui Co.,  9m shares (+4.77pc); Bank of Punjab, 7.5m shares (+0.20pc); Pak ElektronXD, 4.2m shares (+2.58pc).

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M M Alam

M. M. Alam is a Pakistan-based working journalist since 1981. Karachi University faculty gold medalist Alam began his career four decades ago by writing for Dawn, Pakistan’s highest circulating English daily. He has worked for region’s leading publications, global aviation periodicals including Rotors (of USA) and vetted New York Times as permanent employee of daily Express Tribune. Alam regularly covers international aviation and defense-related events including Salon Du Bourget (France), Farnborough (United Kingdom), Dubai (UAE). Alam has reported thousands of events and interviewed hundreds of people in Pakistan, UAE, EU, UK and USA. Being Francophone Alam also coordinates with a number of French publications.