Pakistan Stock Exchange gains 104 points after a mixed performance

By: News Desk      Published: 05:01 PM, 22 Jul, 2020
Pakistan Stock Exchange gains 104 points after a mixed performance

The KSE-100 Index closed the Wednesday session at 37,804.61 after gaining 104.30 points as the Pakistan Stock Exchange had another mixed but satisfactory performance.

With a total of 257,454,645 shares traded, the share prices of 169 companies went up and of 186 were down while there was no change in the value of 26. 

During the session, the index at one point was down to the level of 37,552.07 after starting the day from 37,700.31. However, a recovery saw the index ending the session at 37,804.61.

The latest gains mean the KSE-100 Index is up by 3,382.69 points since July 1 after closing the last month at 34,421.92.

Hascol Petroluem Limited continued enjoying the status of one of the top three active stocks in the market with 21,215,500 shares traded. It was followed by Unity Foods Limited and Agritech Limited with 20,098,500 and 19,276,500 shares respectively. 

On the other hand, it was Drekkar Kingsway Limited which made the largest gains in terms of share price on the second consecutive day as its value gained 33.44 percent. The second on the list was Trust Modaraba by making a gain of 27.66 percent in its share price while SME Leasing Limited remained third after gaining 24.22 percent.

As far as the worst performers are concerned, the value of Sally Textile Mills Limited was down by 12.28 percent, The Pakistan General Insurance Company Limited by 12.23 percent and First Credit and Investment Bank Limited by 10.52 percent.