On Thursday, Pakistan Stock Exchange (PSX) trading volume closed at 2.217 billion shares surpassing the previous best of Rs 1.8 billion while volume amounting to Rs 1.56 billion changed hands on Wednesday.
Trade value has been highest in the last 14.3 years while the highest turnover recorded in World Call at Rs 950 million shares.
PSX makes history. Highest ever volume of 1.81 Bn shares traded in a single day today. Trades today were 303k. KSE 100 index: 511.6+ @FinMinistryPak @SECPakistan @FarrukhHKhan
— PSX (@pakstockexgltd) May 26, 2021
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Previous Record
“The traded volume clocked in at 1,560 million shares in today’s session, which is the highest ever in the history of the PSX”, Special Assistant to the Prime Minister on Political Communication Dr Shahbaz Gill shared the glad tiding in a tweet.
اور دن کے اختتام تک یہ والیم 1560mn shares تک پہنچ گیا۔ یہ پاکستان سٹاک ایکسچیج کی تاریخ کا سب سے بڑا ریکارڈ ہے۔ اللہ الحق ہے۔ یا اللہ تیرا شکر https://t.co/AII6jkXc8S
— Dr. Shahbaz GiLL (@SHABAZGIL) May 26, 2021
The turnover of Rs 1.56 billion shares was led by Worldcall Telecom Ltd (WTL) with 708 million shares.
Planning and Development Minister Asad Umar also tweeted that the volume exceeded the previous record by 39%.
“The successful containment of the covid 3rd wave though risk still remains. Also adding to the positive sentiment”, he added.
New daily traded volume record set on the pakistan stock exchange. Today’s volume exceeded previous record by 39 %. Market reacting to signs of sustained recovery. The successful containment of the covid 3rd wave..Though risk still remains.. Also adding to positive sentiment
— Asad Umar (@Asad_Umar) May 26, 2021
In this regard, stock market analyst Muzammil Aslam told News360, “For the first time in the history of Pakistan Stock Exchange this volume has been traded on the index”.