KSE-100 Index crosses 43,000 barrier, reaches 12-month high

• At intra-day, the Index was being traded at 43,155.44 points, showing an increase by 632.37 points and a percentage increase of 1.49 percent.

Pakistan Stock Exchange (PSX) benchmark KSE-100 Index continued its bullish run, as the index crossed 43,000 points on Friday.

At intra-day, the Index was being traded at 43,155.44 points, showing an increase by 632.37 points and a percentage increase of 1.49 percent. The market opened at 42,523.07 points, after climbing over 1,100 points on Thursday, on the back of easing tensions between US and Iran.

The three top traded companies were Bank of Punjab with a volume of 29,103,500 and price per share of 13.07 (0.50), TRP Pakistan Limited with a volume of 15,286,000 and price per share of 28.60 (0.69) and Fauji Cement Company Limited with a volume of 13,909,000 and price per share of 17.16 (1.00).

The top three advancers were Grays Leasing Limited with a volume of 13,500 and price per share of 3.34 (0.84), Arshad Energy Limited with a volume of 13,500 and price per share of 5.20 (1.00) and Hala Enterprises Limited with a volume of 2,500 and price per share of 5.99 (1.00).

The top three decliners were First Elite Capital Modaraba with a volume of 4,500 and price per share of 2.11 (-0.59), Khurshid Spinning Mills Limited with a volume of 25,500 and price per share of 7.85 (-1.00) and First Pak Modaraba with a volume of 25,500 and price per share of 1.88 (-0.22).