Stock market gains 170 points

ISLAMABAD – Pakistan Stock Exchange (PSX) KSE 100 index continued with an upward trend on Wednesday, rising 170.75 points and closed at 46,287.38 points on the last business day from 46,458.13 points with a positive change of 0.37 percent. A total of 610,940,266 shares were bought and sold during the day compared to the trading of 603,240,345 shares made the previous day, while the price of the shares was Rs 29,000 billion against Rs 26,801 billion the previous day. The traded shares of 421 companies on the stock exchange, 224 recorded gains and 187 continuous losses, while the share prices of 10 companies remained unchanged.

Among the three most traded companies were Azgard Nine with a volume of 40,212,000 shares and a price per share of Rs32.02, Pak Int Bulk with a volume of 39,649,000 and TRG Pak Ltd with a price per share of Rs13.01 and a price of 37,006,500. Rupees 118.39 per share

Sapphire Tex closed at Rs 1100 with a maximum increase of Rs 76.43 per share, while Philip Morris Pak took second place with an increase of Rs 60.20 per share and closed at Rs 1508.20.

Colgate Palm, Gatron Ind. shares decreased Rs 45 per closing share at Rs 555.00.

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