PSX crosses psychological barrier of 56,000 points

ISLAMABAD (APP) – The 100-index of Pakistan Stock Exchange (PSX) continued with bullish trend on Monday, gaining 1,132.21 points, a positive change of 2.04 percent, closing at 56,523.58 points against 55,391.37 points the previous trading day.

A total of 660,649,520 shares valuing Rs22.409 billion were traded during the day as compared to 640,836,781 shares valuing Rs21.146 billion the previous day.

As many as 385 companies transacted their shares in the stock market; 220 of them recorded gains and 147 sustained losses, whereas the share price of 18 companies remained unchanged.

On the other hand, the dollar rate also increased by 52 paisa in the interbank trading and it closed at Rs287.55. In the open market, it was sold at Rs289 after an increase of Rs1.