Amid positive news on economic fronts, the Pakistan Stock Exchange on Friday witnessed bullish trend as KSE-100 index closed shot up by over 1,500 points to 32,831.83 points as compared to 31,329.46 points on the last working day.

With the share prices registering an increase of 4.8 percent with surge of 1502.37 points in the index, the buying was so robust that the Stock Market operators had to halt the trading for 60 minutes due to the five percent increase in the KSE-30 index in early trading on Friday.

During the day, a total of 302,398,580 shares were traded compared to 119,102,323 shares traded during the previous day, whereas the value of shares traded soared to Rs8.601 billion as compared to Rs4.762 billion a day earlier.

See Also: IMF to announce relief in debt servicing for Pakistan

As many as 362 companies transacted shares in the stock market, out of which 319 recorded gains and 31 sustained losses whereas the share prices of 12 companies remained unchanged.

The three top traded companies were K-Electric Ltd with a volume of 23,239,000 shares and price per share of Rs2.89, Hascol Petrol with a volume of 21,340,500 shares and price per share of Rs14.24 and Bank of Punjab XD with a volume of 19,618,500 shares and price per share of Rs8.25.

Indus Motor Co recorded maximum increase of Rs55.12 per share, closing at Rs790.12 while Service Ind. LtdXB was runner-up with the increase of Rs50 per share, closing at Rs770.