KARACHI: The Pakistan Stock Exchange regained the previous losses and gained 113.05 points till midday to reach 39571 points level on Tuesday.
Earlier, the PSX opened keeping bearish note and remained flat, losing 6 points to reach 39451 points level in early trading.
On Monday, the PSX benchmark KSE 100-share Index ended 41.14 points, or 0.10%, lower to finish at 39,457.95 points. Cement stocks traded in the red most of the day on anxiety over the outlook, however, support was found at lows as excitement over earnings overshadowed the concerns. Engro Corp (-0.5%) recovered at close as reported foreign selling at midday was mostly picked up on hopes of a bounce back after nearly 7% losses in the last three days. The biggest laggards of the sector were OGDC (-0.83%) and Pakistan Petroleum (-0.48%). Trade volumes fell to 186 million shares compared with Friday’s tally of 218 million.