Pakistan stock market is bullish during the last trading session of 2020

Pakistan stock market is bullish during the last trading session of 2020

The KSE-100 Index rose by 60.62 points to reach the level of 43755.38 points.

KARACHI (web desk )

The Pakistan Stock Exchange (PSE) continued its bullish trend during the last trading session of 2020 and the KSE-100 Index rose by 60.62 points to 43755.38 points while the share prices of 49.64% companies rose.

As a result, the market capitalization increased by Rs. 14.95 billion and the trading volume in terms of share turnover was 26.81% higher than on Wednesday. The KSE 100 Index reached a high of 43891 points due to the buying of shares in Later, due to profit taking trend, the psychological levels of 43800 and 43900 could not be maintained but the bullish trend prevailed and at the end of trading, the KSE-100 index closed at 43755.38 with an increase of 60.62 points. The SEL Shares Index rose by 45.81 points to 30779.70 points. A total of 417 stocks were traded on the day, with 207 stocks gaining, 193 stocks declining and 17 stocks stabilizing. The market capitalization increased from Rs. Shares of Unilever Foods rose by Rs 500 to Rs 14,000 and Murree Brewery rose by Rs 25.64 to Rs 627.42, while Nestle Pakistan fell by Rs 179.99 to Rs 6665.01 and Premier Sugar fell by Rs 33 to Rs 446.