KARACHI: The bullish note continued at the Pakistan Stock Exchange as the benchmark 100-index gained another 453 points till midday to reach 49818 points level on Monday.
Earlier, the stocks started week on bullish note and gained 329.44 points to take the tally to 49694.27 points level in early trading.
On Friday, the stocks closed on new highs led by selected scrips across the board, the shares index for the first time ever surpassed 49,000 points by rallying 324 points or (0.66%) to close at 49,038 level.
NML (rose 4.93%), NCL (4.85%) and GATM (5%) were top performers of the aforementioned sector. Fertiliser sector continued to garner investor interest as the sector gained to close (up 1.7%) higher than its previous day close. FFC (2.40%) and FATIMA (4.93%) were major gainers of the aforementioned sector. DSL was the volume leader with 51 million shares traded, as it gained to close on its upper circuit. Cement sector continued to remain under pressure despite the release of cement dispatch numbers by APCMA, which indicated a YoY increase of 3.33 percent for the month of December 2016. Overall, volumes increased by 30.6 percent to 430 million shares, while traded value increased by 14.4 percent to Rs20.6 billion.
