The 100-Index of the Pakistan Stock Exchange (PSX) witnessed bullish trend on Monday, gaining 3,907.82 more points, a positive change of 3.51 percent, closing at 115,259.00 points as compared to 111,351.18 points on the last trading day. A total of 1,059,020,119 shares were traded during the day as compared to 815,920,043 shares the previous trading day, whereas the price of shares stood at Rs 40.889 billion against Rs. 32.917 billion on the last trading day. As many as 465 companies transacted their shares in the stock market, 333 of them recorded gains and 84 sustained losses, whereas the share price of 48 companies remained unchanged. The three top trading companies were Cnergyico PK with 125,613,935 shares at Rs 7.44 per share, WorldCall Telecom with 111,551,930 shares at Rs 1.83 per share and Bank of Punjab with 84,182,656 shares at Rs.10.47 per share. Unilever Pakistan Foods Limited witnessed a maximum increase of Rs.351.23 per share price, closing at Rs 21,133.87, whereas the runner-up was Rafhan Maize Products Company Limited with Rs 92.12 rise in its per share price to Rs 8,980.56. Khyber Textile Mills Limited witnessed a maximum decrease of Rs 60.39 per share closing at Rs 578.73 followed by PIA Holding Company Limited with Rs 58.78 decline to close at Rs.832.28. Asia Stocks: Asia stocks mostly fell in thin holiday trade on Monday after tech losses killed off the traditional year-end lift on Wall Street at the end of last week. The “Santa Claus rally” got off to a good start but US stocks then fell across the board on Friday, with the S&P 500 and the Nasdaq both dropping more than one percent. Tech stocks led the way, with Elon Musk’s electric car giant Tesla closing around five percent lower and AI chipmaker Nvidia shedding around two percent. Weighing on investor sentiment were worries about the pace of US interest rate cuts and possible higher import tariffs under incoming US president Donald Trump. “As US stock markets concluded with a downturn on Friday, Asia-Pacific markets are bracing for a slippery penultimate trading day of 2024,” said Stephen Innes at SPI Asset Management. “With US (bond) yields climbing and liquidity essentially non-existent, there’s always the potential for outsized moves. This comes during a critical phase of year-end rebalancing, intensified by hefty equity positions across portfolios,” Innes said in a note. In Tokyo, the Nikkei was down 0.75 percent at 40,020.00 points on the last day of trading until January 6. The yen was little changed after hitting 158.08 against the dollar on Thursday, the lowest in almost six months. That came after Bank of Japan governor Kazuo Ueda failed to give a clear signal on a possible interest rate increase next month. In Seoul, Jeju Air shares tumbled more than eight percent after one of its planes crashed in South Korea on Sunday, killing all but two of the 181 people on board. South Korea’s transport ministry said on Monday it was “reviewing plans to conduct a special inspection on (Boeing) B737-800 aircraft” after the crash. South Korea was also hit with further political turmoil, with authorities issuing an arrest warrant for suspended President Yoon Suk Yeol. Yoon briefly imposed martial law this month and was then impeachment by parliament. Lawmakers also impeached his acting successor Han Duck-soo last week. Chinese stocks also opened lower on Monday, with the benchmark Shanghai Composite Index down 0.09 percent at 3,397.12. China’s purchasing managers’ index (PMI) for manufacturing was due on Tuesday. The reading was expected to stay at 50.3, above the 50 line dividing expansion and contraction, according to Bloomberg.