ISLAMABAD, Nov. 22 (Xinhua) -- The Pakistan Stock Exchange (PSX) recorded bullish trade for the second straight day as investors remained upbeat amid favorable financial results of the listed companies.
The Pakistan Stock Exchange's benchmark KSE 100-Index gained 0.11 percent or 43.04 points to close at 40,591.87 points on Wednesday when compared with a closing of 40,548.83 points reported on Tuesday. The main index is currently trading 23.23 percent or 12,284.59 points below its all-time peak of 52,876.46 points achieved on May 24 this year.
The KSE All-Share Index increased by 0.50 percent or 146.34 points to 29,297.93 points, the KSE 30-Index declined by 0.27 percent or 54.90 points to 20,491.05 points, the KMI 30-Index inched up slightly by 0.03 percent or 22.46 percent to 69,874.63 points, whereas the Islamic All-Share Index swelled by 0.47 percent or 95.01 points to finish the day at 20,4842.56 points.
During Wednesday's trading session, the main index traveled in a remote range of 276.39 points as it scaled an intraday peak of 40,741.91 points as against an intraday trough of 40,465.52 points.
Market volumes expanded by 54.21 percent or 55.19 million shares to 156.99 million shares on Wednesday when compared with a trading of 101.80 million shares posted on Tuesday.
Market capitalization improved by 0.50 percent or 41.95 billion rupees (390.43 million U.S. dollars) to 8.44 trillion rupees whereas trade value inflated by 1.49 percent or 77.57 million rupees to 5.30 billion rupees.
Among 362 active scrips on Wednesday, the prices of 180 issues advanced, 166 depleted, whereas values of 16 other companies stayed unchanged.
Karachi Electric Limited, WorldCall Telecom, and TRG Pakistan Limited were the top traded companies with turnovers of 77.16 million shares, 8.32 million shares, and 6.91 million shares, respectively.
Unilever Foods XD was the top price gainer with an increment of 100.00 rupees to close at 6,900.00 rupees while on the other hand, Sapphire Fiber XD led the major price shedders with a decrement of 41.75 rupees to finish the day at 793.25 rupees. (1 U.S. dollar = 107.45 rupees)
