Pakistan Stock Exchange stays bullish, gains 641 more points

ISLAMABAD (APP) - The 100-index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Wednesday, gaining 641.51 points, a positive change of 0.97 percent, closing at 66,547.79 points against 65,906.28 points the previous trading day.

A total of 354,597,630 shares valuing Rs.11.884 billion were traded during the day as compared to 303,710,027 shares valuing Rs.12.078 billion the last day.

Some 346 companies transacted their shares in the stock market; 179 of them recorded gains and 152 sustained losses, whereas the share prices of 15 remained unchanged.

Gold rates up by Rs100 to Rs229,500 per tola

The per tola price of 24 karat gold witnessed an increase of Rs100 and was sold at Rs229,500 as compared to its sale at Rs229,400 on the last trading day. The price of 10 grams of 24 karat gold also increased by Rs86 to Rs196,760 from Rs196,674 whereas the price of 10 gram 22 karat gold went up to Rs180,363 from Rs180,284.

The price of per tola and ten gram silver remained constant at Rs2,580 and Rs2,211.93 respectively. The price of gold in the international market increased by $7 to $2,200 from $2,193.