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Home Markets

PSX adds 211pts till midday

byMatiur Rehman
29/03/2018
in Markets, Stock Exchange
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KARACHI: The Pakistan Stock Exchange continued upward journey till midday as the benchmark 100-index gained 211 points to take the tally to 45384 level on Thursday.

The stocks opened positive and added 135 points to reach 45308 level in early trading.

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On Wednesday, the stocks landed back into the green zone as the benchmark 100-share index gained 168 points to close at 45,173 points. Total volumes increased by 5 percent DoD to 248m shares, while value traded also inched up by 12 percent DoD to $91m. Top volume stocks of the day were TRG (+5 percent), KEL (+2.74 percent ) and PAEL (+3.73 percent ).

Bulls continued the run across the board, where activity in all key sectors such as consumers, financials and cement was seen. Both local and foreign investors showed aggressive participation in the market.

LUCK (+1.46 percent), DGKC (+1.80 percent), CHCC (+2.16 percent) and FCCL (+3.26 percent) were the major gainers of the mentioned sector. E&P sector closed in the red zone as crude oil prices shed in the international market, where POL (-0.19 percent) and PPL (-0.22 percent) were the major laggards of the sector.

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