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PSX recoups till midday, adds 129pts

byMatiur Rehman
23/04/2018
in Markets, Stock Exchange
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KARACHI: Opened on negative note, the Pakistan Stock Exchange (PSX) recouped till midday and added 129 points to reach 45372 level on Monday.

The stocks started week on negative after shedding 63 points to drop to 45196 level in early trading.

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On Friday, the stocks ended the week with another negative session as the benchmark KSE-100 index lost another 128 points to close at 45,259. The index opened higher and traded in the 45,300-45,500 point range for most of the day, but lost over 300 points within the last 30 minutes of trading.

In all, 144 million shares worth Rs6.5 billion were traded at the exchange. Of the 360 scrips traded in the day, 143 advanced, 196 declined and 21 remained unchanged. The chemical sector dominated trading by a margin with 41.7m shares traded, while trading remained dull in all other sectors.

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