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PSX remains in green zone till midday

byMatiur Rehman
24/01/2017
in Markets, Stock Exchange
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KARACHI: The Pakistan Stock Exchange (PSX), despite shedding some early gains, remained in green zone till midday as the benchmark 100-index added 34.77 points to reach 49910.95 points level on Tuesday.

Earlier, the stocks opened positive with 63 points gain and reached 49939 points level in early trading.

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On Monday, bullish trend continued at the PSX on first trading day with the benchmark KSE-100 index closed near 50,000 points, by gaining 511.35 points or (1.04%).

Stock gained by 6.5 percent. Overall, volumes increased by 30 percent to 600 million shares, while value increased by 6 percent to Rs24.4 billion. Volumes were led by KEL with a staggering 213 million shares traded.

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