On Monday 23rd of December 2024 as political tensions subsided, the Pakistan Stock Exchange (PSX) began the week on a high note, rising more than (4,000) points. According to the data, at around (2:20 pm), the (KSE-100) Index increased by (4,378) points to reach (113,891). While on Friday, the benchmark index finished at (109,513.14). The …
The PSX Rises More Than 4,000 Points
On Monday 23rd of December 2024 as political tensions subsided, the Pakistan Stock Exchange (PSX) began the week on a high note, rising more than (4,000) points.
According to the data, at around (2:20 pm), the (KSE-100) Index increased by (4,378) points to reach (113,891). While on Friday, the benchmark index finished at (109,513.14).
The price of shares was (Rs 39.424 billion), down from (Rs 56.797 billion) on the previous trading day, while a total of (754,917,969) shares were exchanged throughout the day, compared to (1,167,361,955 3) shares the day before.
Profit and Loss
Of the (459) firms that traded their shares on the stock exchange, (281) saw profits and (119) saw losses, while the share prices of the other (59) companies stayed the same.
Pace (Pak) Limited, with (43,280,462) shares at (Rs 7.19) per share, WorldCall Telecom, with (99,942,750) shares at (Rs 1.60) per share, and K-Electric Limited, with (40,644,312) shares at (Rs. 5.32) per share, were the top (3) trading businesses.
Furthermore Nestle Pakistan Limited came in second place with a price gain of (Rs 70.28 to Rs 7,311.65), while Unilever Pakistan Foods Limited saw a highest increase of (Rs 774.38) per share price, finishing at (Rs 21,399.80).
Shahmurad Sugar Mills Limited saw a fall of (Rs 45.65) to conclude at (Rs 435.87), while Rafhan Maize Products Company Limited saw a greatest reduction of (Rs 60.45) per share, closing at (Rs 9,190.13).
