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Stocks open bullish, gain 193pts

byMatiur Rehman
25/04/2017
in Markets, Stock Exchange
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KARACHI: The Pakistan Stock Exchange Tuesday opened bullish and gained 193 points to take the tally to 50304.61 points level in early trading.

On Monday, the bullish trend continued at PSX on first trading day resultantly the bench mark shares index crossed psychological barriers to close at 50,112 level by gaining 403 points or (0.81 percent).

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Investor interest was seen in the automobile sector as it gained to close (3.5pc) higher than its previous day close. PSMC (gain 5pc), HCAR (4.23pc) and INDU (4.72pc) were the top performers of the aforementioned sector. Market participation sustained with volumes increasing by 1 percent d/d to 400 million shares while traded value was down 8 percent to Rs22.2 billion.

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