KARACHI: The Pakistan Stock Exchange (PSX) on Tuesday landed in the green for the second consecutive session, with the benchmark KSE-100 Index gaining 207 points to close at 43,618.
The benchmark showed mixed activity during the first few minutes of trading and then adopted a positive momentum for the rest of the session. The index hit a day’s low of 43,354 points, whereas it reached a day’s high of 43,707 points near the close of trading.
Volumes showed a significant increase, as 152.32 million shares worth Rs6.76 billion changed hands compared to 109.7m shares worth Rs4.5b traded on the previous trading day.
Overall, the chemical sector dominated trading with 27.93m shares traded, while banking and communication sectors followed with 17.22m and 13.41m shares changing hands.
Yesterday, the KSE-100 index of Pakistan Stock Exchange gained 400 points or 0.93 percent on the first day of week.
Top 5 stocks including OGDC (+2.1 percent), LUCK (+2.6 percent), UBL (+1.7 percent), DGKC (+4.3 percent) & POL (+2 percent) added 178 points to the index gain, whereas stocks including MCB (-1 percent), NESTLE (-0.4 percent), MUREB (-1.1 percent), GHGL (-1.3 percent) & JSCL (-1.6 percent) withheld 26 points from the index. KSE-100 index closed at 43,011, down 61 points on Friday, last week. Volumes stood at 140m shares versus 163m shares traded previously.
