PSX: Bullish bourse on week’s last day of trading session closes at 42,787 points!

SANA MAHMOOD

KARACHI: Green was the bourse’s color on week’s last trading session as benchmark KSE-100 Index augmented 0.24 per cent.

Pundits at the helm of affairs believe that traders were apprehensive because of the international strain due to N. Korean belligerent stance (latest being firing of missile over Japan) and the IED incident in London tube that has been termed an act of terrorism by Metropolitan Police.

Rs. 13.13 billion worth of 200 million shares changed hands today. Value of shares of 126 entities augmented, 209 plummeted and 19 remained stagnant.

Commercial Banking, Engineering and Technology Sectors led the trading with 28.7m, 27.4m and 23.8 million shares respectively.

Today’s top five traders were: Dost Steels Ltd., 16.3m shares (+9.00pc); TRG Pak Ltd., 10.3m shares (+1.05pc); Bank Al-Falah, 9.7m shares (-1.66pc); Aisha Steel Mills, 9.3m shares (0.00pc); WorldCall Telecom, 8.4m shares (-5.17pc).

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.