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Home Latest News

PSX gains 150 pts as upward rally continues till midday

byMatiur Rehman
06/02/2017
in Latest News, Markets
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KARACHI: The upward rally continued at the Pakistan Stock Exchange till midday as the benchmark 100-index gained 150 points to reach 49705.87 points level on Monday.

Earlier, the stocks opened positive on the first trading day of the week and added 103.41 points to reach 49659.24 points level in early trading.

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On Friday, dull session was witnessed at the PSX amid institutional profit-taking, resultantly the shares index declined by 110 points or (0.22%) to close at 49,556 level. Volatility prevailed in the market as the index traded between an intraday high of 114 points and intraday low of 235 points to finally close at 49,556 level. KEL (rose 1.06%) was the volume leader with more than 46 million shares traded. Overall, volumes decreased by 24 percent to 338 million shares, while value also declined by Rs18.6 billion.

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