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Stocks open bullish, add 122pts in early trading

byMatiur Rehman
17/03/2016
in Markets, Stock Exchange
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KARACHI: The Pakistan Stock Exchange Thursday opened keeping bullish note and added 122 points in early trading to cross 33,000 mark and reach 33013.41 points level.

On Wednesday, the benchmark KSE-100 index touched an intra-day high of 32,941.44 before it closed at 32,891.08 up 268.06 points. Buying continued in the KMI 30 index, which shot up 627.84 points during the day and ended strong at 57,510.74 plus 416.06 points. KSE All share settled at 22,258.88 with 129.67 points positive. A total of 147 companies gained while 144 took a dip.

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The market volumes were down from last session to 182.113 million but still remained higher than average volume of current year to date. The volume leader chart remained unchanged with the commercial banks on top followed by cement sector and power generation and distribution sector.

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