Karachi October 10 2022: Foreigners bought $7 million worth of technology stocks in today’s trading at Pakistan Stock Exchange, which lead the index to witness bullish trend.
Foreign corporates bought $7.17 million shares while Overseas Pakistani’s sold $0.20 million worth of shares.
Foreigners bought $7.12 million worth of shares across the board with buying of $7 million in technology, $0.33 million in Power, $0.13 million in Cements and $0.06 million in Exploration and Production sector.
TRG Pakistan (TRG) close positive 7.29 or 5.06% with 26.7 million shares of volume and settlement of 43.5% in today’s trading. System Limited (SYS) witnessed positive return of PKR 2.53 or 0.61% with 0.635 million traded volume. Netsol Technologies share price witnessed increase of PKR 0.87 or 0.87% with 0.793 million traded shares.
The 100-index of the Pakistan Stock Exchange (PSX) witnessed bullish trend on Monday, gaining 126.39 points with contribution of 92 points from IT sector, a positive change of 0.30 percent, closing at 42,211.64 points against 42,085.25 points on the last working day.
A total of 240,194,764 shares were traded during the day compared to 313,348,644 shares the previous day, whereas the price of shares stood at Rs.10.533 billion against Rs. 9.420 billion on the last trading day.
As many as 336 companies transacted their shares in the stock market, 161 of them recorded gain and 149 sustained losses, whereas the share price of 26 companies remained unchanged.
The three top trading companies were WorldCall Telecom with 31,151,000 shares at Rs.1.63 per share, Pak Elektron with 27,142,500 at Rs.17.45 and The TRG Pak Ltd with 26,747,663 at Rs.151.43 per share.
