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Bullish trend continues till midday as PSX adds 167pts

byMatiur Rehman
19/05/2016
in Markets, Stock Exchange
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KARACHI: The bullish trend continued on Thursday as the Pakistan Stock Exchange benchmark 100-index added 167 points to reach 36485.62 points level till midday.

On Wednesday, the upward trend continued at the local bourse as the PSX 100-share index rallied by around 181 points to close at 36,318.21 points. POL (down 0.42%) and PPL (declined 0.07%) opened on a positive note but came under selling pressure during the late hours on the back of marginal correction in crude oil prices during the trading session. Volume decreased by 2.1% to 268m shares. Value also decreased by 10.5% to Rs 10.2b/98$m.

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