Bulls dominate as PSX hovers above 114,000-mark

Bulls continued to rule the Pakistan Stock Exchange (PSX) on Friday as investors are optimistic after recent commitments made by the US investors.During intraday trading, the benchmark KSE-100 index has gained 1,588.08 points to climb to 114,794.48 points till 11:24 am.The stock market has witnessed a positive change of 1.4% compared to the previous close of 113,206.40 points.A day earlier, the 100 index gained 1,719.04, a positive change of 1.54 percent, closing at 113,206.40 points.A total of 483,939,931 shares were traded during the day as compared to 449,244,755 shares the previous trading day, whereas the price of shares stood at Rs26.103 billion against Rs. 28.186 billion on the last trading day.As many as 441 companies transacted their shares in the stock market, 272 of them recorded gains and 118 sustained losses, whereas the share price of 51 companies remained unchanged.