PSX turns around, gains 139 point.
Gold price up by Rs500 per tola. The price of 24 karat per tola gold witnessed an increase of Rs.500 on Tuesday and was sold at Rs.156,500 against its sale at Rs.156,000 the previous day.
The price of 10 gram 24 karat also increased by Rs.429 and was sold at Rs.134,174 against Rs.133,745 whereas that of 10 gram 22 karat went up to Rs.122,992 against its sale at Rs.122,600, All Sindh Sarafa Jewellers Association reported.
The price of per tola and ten gram silver remained constant at Rs.1570 and Rs.1346.02 respectively.
The price of gold in international market decreased by $2 and was sold at $1730 against its sale at $1732, the association reported.
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The 100-index of the Pakistan Stock Exchange (PSX) turned around to witness bullish trend on Tuesday, gaining 139.05 points, a positive change of 0.33 percent, closing at 42,001.34 against 41,862.29 points on the last working day.
A total of 118,511,503 shares were traded during the day compared to 161,425,081 shares the previous day, whereas the price of shares stood at Rs.3.873 billion against Rs. 5.835 billion on the last trading day.
As many as 324 companies transacted their shares in the stock market,145 of them recorded gain and 151 sustained losses, whereas the share price of 28 companies remained unchanged.
The three top trading companies were Hascol petrol with 10,214,500 shares at Rs.6.81 per share, K-Electric Ltd with 6,926,500 shares at Rs.3.21 per share and Quice food with 5,415,000 shares at Rs.4.53 per share.
Sapphire Tex witnessed a maximum increase of Rs.41.09 per share price, closing at Rs.1,107.49 whereas the runner up was Millat Tractors with Rs.838.44 rise in per share price to Rs.838.44.
Sapphire Fiber witnessed maximum decrease of Rs.94 per share closing at Rs.1,166 followed by Siemens Pak with Rs.37.33 decline to close at Rs.696.