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PSX continues record-breaking streak as KSE-100 soars past 98,000 barrier

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KARACHI – The Pakistan Stock Exchange (PSX) continued its winning streak on Friday as it has created yet another record amid massive trading activity.

During intra-day trading, the KSE-100 index benchmark has witnessed gains of 1,036.57 points till 10:18 am as it has reached 98,364.96 points for the first time in history.

A day earlier, the 100-Index turned around to bullish trend on Thursday, gaining 1,781.94 points, a positive change of 1.87 percent, closing all time high at 97,328.40 points as compared to 95,546.46 points on the last trading day.

A total of 969,907,357 shares were traded during the day as compared to 1,138,411,946 shares the previous trading day, whereas the price of shares stood at Rs 35.167 billion against Rs. 37.481 billion on the last trading day.

As many as 457 companies transacted their shares in the stock market, 249 of them recorded gains and 167 sustained losses, whereas the share price of 41 companies remained unchanged.

The three top trading companies were WorldCall Limited with 95,563,962 shares at Rs 1.38 per share, Pace (Pak) Limited with 51,499,190 shares at Rs 5.81 per share and Kohinoor Spinning with 48,260,119 shares at Rs.8.40 per share.

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