PSX turns bullish, gains 1,015 points

ISLAMABAD (APP) - The 100-index of the Pakistan Stock Exchange (PSX) turned around to a bullish trend on Thursday, gaining 1,015.82 points, a positive change of 1.59, closing at 65,064.27 points against 64,048.44 points the previous trading day.

A total of 315,247,601 shares valuing Rs.10.487 billion were traded during the day as compared to 252,751,968 shares valuing Rs.9.247 billion the last day.

Some 336 companies transacted their shares in the stock market; 248 of them recorded gains and 72 sustained losses, whereas the share prices of 16 remained unchanged.

Gold rates up by Rs250 to Rs228,550 per tola

The per tola price of 24 karat gold in the local market increased by Rs250 and was traded at Rs228,550 as against its sale at Rs228,300 on the last trading day The price of 10 grams 24 karat gold also increased by Rs215 to Rs195,945 from Rs195,735 whereas that 10 gram 22 karat gold increased to Rs179,616 from Rs179,420.

The price of per tola and ten gram silver witnessed no change and was traded at Rs2,600 and Rs2,229.08 respectively. The price of gold in the international market increased by US$9 and was traded at US$2,188 from US$2,179.