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23 August 2017 Last updated 8 minutes ago

Bulls rule as KSE-100 gains more than 650 points

Bulls rule as KSE-100 gains more than 650 points Bulls rule as KSE-100 gains more than 650 points

The Pakistan Stock Exchange (PSX) ended Thursday’s trading session on a positive note, with the benchmark KSE-100 index gaining 678.50 points, or 1.40 per cent, by the close of the trading session to reach 49,283.64.

Volumes were led by chemical and commercial banks company stocks as the benchmark index finally returned to bullish trend after days of closing in the red.

116 million shares had changed hands by the end of the session, with a total worth of nearly Rs11.2 billion.

Stocks of 390 companies were traded, of which 240 gained in value, 137 declined and 13 remained unchanged.

Volumes were led by:

  1. Engro Polymer: 39.2m shares traded [+4.98pc];

  2. Invest Bank: 20m shares traded [-20.1pc];

  3. Aisha Steel Mill: 14.8m shares traded [-1.17pc];

  4. TRG Pak Ltd: 14m shares traded [+4.49pc]; and,

  5. Summit Bank: 10.7m shares traded [8.75pc].