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Stocks see fluctuation in early trading

byMatiur Rehman
26/04/2017
in Markets, Stock Exchange
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KARACHI: The Pakistan Stock Exchange Wednesday saw fluctuation in early trading but remained in green zone as the benchmark 100-index added 35 points to reach 49820.48 points level.

On Tuesday, the stock market finally broke its bullish streak as the PSX shares index lost around 326 points to close at 49,785 level (down 0.65pc) after closing in the green zone for four consecutive trading sessions previously.

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Downside contributors were ENGRO (slip 2.3pc), HUBC (2.5pc), PPL (2.9pc), SEARL (4.9pc) and HBL (1pc), eroding 225 points, while INDU (gain 5pc), THALL (5pc), PAKT (4.9pc), PSMC (5pc) and MTL (2.4pc), added 90.4points to the index. Volumes declined by 5 percent d/d to 381 million shares while traded value was down 15 percent to Rs19 billion.

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