KARACHI: The Pakistan Stock Exchange (PSX) closed positive on weekend, taking the benchmark KSE-100-index up by 565 points to take the tally to 41,064 level.
Market witnessed recovery in the trading session as value investors took the opportunity to buy stocks at attractive prices.
Some of the major gainers for the day were MCB (up 2.7pc), HBL (gain 1.7pc), OGDC (up 1.7pc), POL (up 2.2pc) and LUCK (up 2.1pc) that cumulatively contributed 183 points to the benchmark index gain. A rally was witnessed in the cement sector where heavyweights LUCK (up 2.1pc), DGKC (rose 2.4pc), FCCL (up 2.4pc) and CHCC (gain 2.5pc) closed in green. E&P sector closed higher than its previous day close as crude oil prices remained on higher levels. POL (up 2.2pc) and OGDC (up 1.7pc) were the major gainers of the sector.
Scrips of total 372 active companies were traded in the session of which 266 closed in advance, 87 in decline while 19 remained unchanged. Volumes stood at 115 million shares, while value slightly increased to Rs6.8 billion/$64.5 million. WTL from the technology sector led the volume charts with 15 million shares changing hands.
