ISLAMABAD: The Pakistan Stock Exchange (PSX) witnessed bullish trend on Friday, with the benchmark KSE-100 Index gaining 500.11 points, a positive change of 0.28 percent, to close at 177,873.88 points against 177,373.76 points recorded in the previous trading session.
The ready market witnessed a trading volume of 1,042.810 million shares, compared to 1,070.480 million shares traded in the previous session. The traded value of the ready market stood at Rs31.001 billion, slightly down from Rs31.636 billion a day earlier.
Meanwhile, total market capitalisation increased to Rs19.336 trillion from Rs19.224 trillion recorded in the previous session.
Out of 497 companies that traded in the ready market, 284 posted gains, 184 suffered losses, while 29 remained unchanged, reflecting the dominant bullish trend across the market.
WorldCall Telecom led the volume chart with 303.196 million shares, followed by Kohinoor Spinning with 59.505 million shares and LSE Financial Services with 46.791 million shares.
Among the top gainers in the ready market, PIA Holding Company Limited surged by Rs298.00 to close at Rs14,342.00, while Unilever Pakistan Foods Limited advanced by Rs157.93 to settle at Rs26,457.91.
On the losing side, Bhanero Textile Mills Limited declined by Rs76.42 to close at Rs1,207.41, while Ghandhara Industries Limited fell by Rs25.13 to Rs1,262.05.
In the futures (DFC) market, turnover stood at 165.933 million shares with a traded value of Rs6.658 billion, compared with 172.914 million shares worth Rs6.718 billion in the previous session.
Of the 312 companies traded in the DFC market, 137 advanced, 169 declined, and six remained unchanged.