ISLAMABAD, Jan. 19 (Xinhua) -- The Pakistan Stock Exchange (PSX) recorded fourth straight day of bullish trading activities on Friday as institutions and local individual investors remained busy on the buying counters amid improved economic numbers released by the State Bank of Pakistan.
The Pakistan Stock Exchange's benchmark KSE 100-Index surged by 1.37 percent or 597.95 points to close at 44,178.83 points on Friday when compared with a closing of 43,580.88 points reported on Thursday.
During the week that ended on Jan. 19, the main index expanded by 1,245.11 points as four out of five trading sessions ended in the green zone. The key index is currently trading 16.45 percent or 8,697.63 points below its all-time peak of 52,876.46 points achieved on May 24, 2017. The benchmark index has skyrocketed by 16.51 percent or 6,259.41 points since Dec. 19 when it started a New Year rally after dismal previous six months.
The KSE All-Share Index gained 1.17 percent or 365.59 points to 31,595.43 points, the KSE 30-Index increased by 1.30 percent or 286.95 points to 22,392.36 points, the KMI 30-Index jumped by 1.28 percent or 944.17 points to 74,536.59 points, whereas the Islamic All-Share Index augmented by 1.40 percent or 296.77 points to finish the day at 21,552.49 points.
During Friday's trading session, the main index moved in a healthy range of 621.82 points as it touched an intraday high of 44,202.70 points as against an intraday low of 43,580.88 points.
Market volumes declined by 21.97 percent or 58.99 million shares to 209.47 million shares on Friday when compared with a trading of 268.46 million shares posted on Thursday. During the week that culminated on Friday, the top Pakistani bourse reported total volumes of 920.63 million shares at an average daily turnover of 184.13 million shares.
Market capitalization jacked up by 1.17 percent or 105.18 billion rupees (939.13 million U.S. dollars) to 9.09 trillion rupees on Friday when compared with a figure of 8.99 trillion rupees registered on Thursday.
Market value decreased by 21.38 percent or 2.92 billion rupees to 10.75 billion rupees on Friday when compared with a figure of 13.67 billion rupees witnessed on Thursday.
Among 378 active scrips on Friday, the prices of 271 issues advanced, 92 headed down, whereas values of 15 other companies stayed unchanged for the week.
WorldCall Telecom Limited, Sui Southern Gas Company, and Dewan Cement Limited were the top traded companies with turnovers of 12.96 million shares, 12.22 million shares, and 11.39 million shares, respectively.
Nestle Pakistan XD emerged as the top price gainer of the day with an increment of 539.00 rupees to close at 11,339.00 rupees while on the other hand, Bata Pakistan led the major price shedders with a decrement of 73.99 rupees to finish the trading week at 2,426.01 rupees. (1 U.S. dollar equals to 112.00 rupees)
