Pakistan Stock Exchange up by 329 points

By: News Desk
Published: 05:21 PM, 17 Jul, 2020
Pakistan Stock Exchange up by 329 points
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The Pakistan Stock Exchange ended the week with another big flourish as the KSE-100 Index closed the Friday’s session at 37,330.85 after a gain of 329.41 points.

It means the market has gained 2,908.93 points this month so far after closing June at 34,421.92. As far as the weekly progress is concerned, the KSE-100 Index gained 1,140.45 points in the five sessions.

A total of 302,688,168 shares of 360 companies were traded during the day. Of these, the share prices of 239 went up and 104 were down while there was no change in the value of 17.

Hascol Petroleum Limited was the most active stock with a total of 87,254,000 shares being traded. The second of the list was Lotte Chemical Pakistan Limited followed by Unity Foods Limited with 24,856,500 and 22,122,500 shares exchanged respectively.

Meanwhile, it was the Drekkar Kingsway Limited which made the biggest gain in terms of share price with a 14.74 percent increase. It was followed by The Pakistan General Insurance Co Limited 14.50 percent and First Credit and Investment Bank Limited 13.33 percent.

However, Friday proved to be a bad day for First Pak Modaraba with a cut of 20.98 in its share price. The next biggest loser was Hum Network Limited with a loss of 8.17 percent followed by Island Textile Mills Limited 7.50 percent.