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PSX sheds most of early gains till midday but remains in green zone

byMatiur Rehman
15/09/2017
in Markets, Stock Exchange
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KARACHI: The Pakistan Stock Exchange (PSX) shed most of the early gains but remained in green zone after adding 63.64 points to reach 24747 points level till midday on Friday.

Earlier, the stocks started the last trading day on positive note as the benchmark 100-index gained 306 points to reach 42989 points level in early trading.

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On Thursday, the stocks continued its upward trajectory as the benchmark KSE-100 index gained 373 points and closed at 42,683 points.

ATRL (up 5%), ENGRO (2.94%), POL (1.77%), and LUCK (1.28%) were the major leaders of the market that contributed 101 points cumulatively to the index.

Volumes improved in yesterday’s trading session as 217 million shares were traded in the overall market, compared to 174 million shares in the previous trading session, depicting a DoD increase of 25%. While the traded value remained same at Rs9.6b/$91m. Shares of total 390 active companies traded in the session of which 232 concluded in advance, 130 in decline while 28 remained unchanged.

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