PSX Rates Today July 29, 2024

The Pakistan Stock Exchange (PSX) experienced a bullish trend on Monday, July 29, 2024. The 100-index saw a significant gain of 798.23 points, marking a positive change of 1.02 percent, and closed at 78,827.74 points compared to the previous day’s closing of 78,029.51 points.

Trading Volume and Value:

Total Shares Traded:
- 371,087,020 shares were traded during the day, up from 278,327,575 shares on the previous day.
Total Trading Value:
- The trading value stood at Rs 19.156 billion, a significant increase from Rs 11.621 billion on the last trading day.

Market Activity:

Out of 437 companies that transacted their shares in the stock market:

Gainers: 252 companies recorded gains.
Losers: 129 companies sustained losses.
Unchanged: The share price of 56 companies remained unchanged.

Top Trading Companies:

Waves Home Appliances:
- Shares Traded: 27,932,495
- Price per Share: Rs 9.82
Ali-Shaheer Corporation:
- Shares Traded: 15,548,238
- Price per Share: Rs 7.03
Dewan Motors:
- Shares Traded: 14,274,013
- Price per Share: Rs 43.86

Significant Gains:

Unilever Pakistan Foods Limited:
- Price Increase: Rs 139.96 per share
- Closing Price: Rs 18,289.96
Sazgar Engineering Works Limited:
- Price Increase: Rs 104.33 per share
- Closing Price: Rs 1,147.61

Significant Losses:

Rafhan Maize Products Limited:
- Price Decrease: Rs 86.43 per share
- Closing Price: Rs 7,512.56
PIA Holding Company Limited:
- Price Decrease: Rs 40.96 per share
- Closing Price: Rs 911.25

The PSX showed strong performance with an overall positive sentiment prevailing in the market. The increase in trading volume and value reflects investor confidence, with several companies posting significant gains. As the market dynamics continue to evolve, investors are advised to stay updated with the latest trends and analyses.

Stay tuned for more updates on PSX performance and market insights.