The Pakistan Stock Exchange’s 100-index witnessed a bullish trend on the first trading day of the New Year (January 2), gaining 395.45 points, or 0.98%, closing at 40,815.90 points against 40,420.45 points the previous trading day. A total of 242,173,251 shares were traded during the day as compared to 284,512,885 shares the previous day, whereas the total value of shares stood at Rs7.278 billion against Rs7.960 billion on the last trading day. As many as 334 companies transacted their shares in the stock market; 211 of them recorded gains and 107 sustained losses, whereas the share price of 16 companies remained unchanged.

The top three trading companies were Pak Petroleum with 14,956,006 shares at Rs71.37 apiece, Pak Refinery with 12,733,241 shares at Rs13.56 per share, and Hascol Petroleum with 12,226,500 shares at Rs6.61 apiece. Safofi-Aventis witnessed a maximum increase of Rs42 per share price, closing at Rs1,000, whereas the runner-up was Mari Petroleum with a Rs20.12 rise in its per share price to Rs1,567.08. Unilever Foods witnessed a maximum decrease of Rs1,000 per share closing at Rs24, followed by Bata Pakistan with a Rs157.29 decline to close at Rs2,006 apiece.

Credit : Independent News Pakistan-WealthPk