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PSX adds another 111pts till midday

byMatiur Rehman
27/03/2018
in Markets, Stock Exchange
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KARACHI: The Pakistan Stock Exchange remained bullish till midday as the benchmark 100-index gained 111 points to take the tally to 45195 level on Tuesday.

The stocks started day keeping previous day’s positive note and added 190 points to reach 45274 level in early trading.

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On Monday, the stocks closed positive as the momentum generated by the rupee’s devaluation in the previous week came to a halt.

After staying negative for a majority part of the session, however, late buying helped the KSE-100 Index end higher to finish positive for the fifth successive session. At the end of trading, the benchmark KSE 100-share Index finished with an increase of 53.35 points or 0.12% to settle at 45,083.57.

The benchmark KSE-100 Index consolidated its position above 45,000 points, supported by gains in oil stocks (+0.7%) as investors tracked the upsurge in international crude prices.

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