KARACHI: The Pakistan Stock Exchange Tuesday opened keeping previous day’s bullish note and added another 459 points to take the tally to 51833 points level in early trading.
On Monday, bullish sentiment continued at stock market on first trading day with the benchmark KSE 100-index rallying by 631.48 points and closing at 51,373.51 points. Major positive contribution came from the oil sector, on the back of rising oil prices on global expectations of output cuts.
Scrips of total 394 active companies traded in the session of which 239 closed in advance, 146 in decline while 9 remained unchanged. Activity thinned, but was skewed to blue chips. Volume fell 30% d/d while value was flat at Rs12.6b/$120m. The volume leader for the day was again SILK with nearly 16.7 million shares traded in total.
