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PSX opens bullish, gains 61pts

byMatiur Rehman
23/02/2016
in Markets, Stock Exchange
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KARACHI: Bearish trend ended on Tuesday as the Pakistan Stock Exchange opened bullish gaining 60.84 points to reach 30738.52 points level in early trading.

On Monday, the stock closed bearish on investor concerns for foreign outflows and ongoing regulatory oversight at PSX. The bench mark shares index on first trading day posted a loss of 334.09 points (down 1.08 %) to close at 30,677.68 points. Bear market sentiments dominated the local bourse ahead of future rollover week as the benchmark KSE-100 index closed below 31,000 index level after 26 trading sessions. The traded volume stood at 133m shares while value recorded at Rs54b.

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