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Stocks flatlined on Thursday owing to late profit-taking amid rollover phenomenon with trade ballooning to yet another record of over two billion shares as Worldcall Telecom continued to shine for...
Business May 27, 2021 Stocks on Wednesday ended higher on renewed economic hopes, hitting the highest ever turnover of 1.56 billion shares, led by Worldcall Telecom Ltd (WTL) that claimed the lion’s share of trade with 708 million shares, dealers said. Pakistan Stock Exchange’s (PSX) KSE-100 Shares Index gained 1.11 percent or 511.65 points to close at 46,812.31 points. Analyst Muhammad Abdul Rafay at Pearl Securities said the benchmark index witnessed a gigantic session registering highest volumes in the history of PSX, where most of the 3rd tier stocks closed at upper circuit breakers ...
Market watch: Volumes soar to new peak at PSX, but index falls Benchmark KSE-100 index slips 21.56 points to close at 46,790.75 WorldCall Telecom alone contributed 950 million shares, ie 43% of overall volumes. PHOTO: REUTERS KARACHI: The Pakistan Stock Exchange saw on Thursday a roller coaster ride as the benchmark KSE-100 index closed down by 22 points despite registering lofty gains for most of the day. Continuing Wednesday’s trend, the trading volumes climbed to a fresh peak of 2.2 billion shares by the end of session. Some investors remained cautious ahead of the Monetary Policy Commi...
KARACHI: Stocks roared ahead for the fourth consecutive day when the KSE-100 index jumped 511.65 points, or 1.11 per cent, to settle at 46,812.31. The ferocity of the bulls has carried the index up by 1,237 points, or 2.7pc, since last Friday. On Wednesday, however, the stockbrokers, traders and investors were celebrating not as much the surge in index as the “all-time high volumes of 1.56 billion shares traded in a single day”. The previous highest number of shares in one day changed hands at 1.12bn on Feb 11, 2021. It is a different matter that 708m shares, or 45pc, of the aggregate ...
A total of 1,563,360,922 shares were traded as compared to trade of 677,381,398 shares previous day.