Shares of Pakistan Stock Exchange continued to rise on the second day on Tuesday and the KSE 100 Index restored a psychological threshold of 30 thousand to reach a level of 30419.22 points, an increase of 856.80 points, while the share price of 71.84 percent of the companies was recorded. Due to the investment value of the market increased one trillion 25 billion 30 million rupees and business volume also increased by 39.08%.
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The business started in the positive zone yesterday and since the start of trading, investors have bought profitable companies at lower prices, which has led to a bullish trend and the KSE 100 Index has a psychological value of 30,000 during trading. After reaching the high level of 30499 points crossing the range, the gains could not keep up with the gains, but the trend continued to prevail and the KSE 100 index closed at 30419.22 points, up 856.80 points at the end of the market.
Similarly, the SE30 Index increased by 494.74 points to C14347.63 points, the KMI 30 Index increased by 1317.02 points to 47695.29 points, while the KSE All-Share index increased by 466.35 points to C22273.17 points. Growth, the share price of 86 companies declined while stock prices of 19 companies remained stable.
An investment of Rs 25 billion 30 crores 66 lakh was recorded in the investment value, resulting in an increase in the total investment worth Rs 61 trillion 55 billion 1 crore 94 lakh. Shares of the stock rose by Rs 149.75 to Rs 61,630 and shares of Indus Motor closed up by Rs 43.12 to C 1049.23.
The significant decline was recorded in shares of Bataqistan, whose share price dropped by Rs 42.41 to C1132.75 and JDW Sugar's share decreased by Rs 14.19 to C 275.81. Shares of Maple Leaf, Pak Patrol, K Electric, Engro Polymer, Unity Foods, Summit Bank, Pak Electron and the Oil and Gas Development Authority were in the lead.