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PSX recoups 268pts after losing spree

byMatiur Rehman
26/06/2018
in Markets, Stock Exchange
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KARACHI: The Pakistan Stock Exchange (PSX) landed in the green on Tuesday with the benchmark KSE-100 index gaining 268 points to close at 41,246.

The index had opened higher and peaked at 41,527 points before settling down.

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Around 180 million shares worth Rs7.6 billion were traded at the exchange. A total of 355 scrips were traded, of which 177 advanced, 148 declined and 30 remained unchanged.

Overall, trading volumes increased to 179.77 million shares compared with Monday’s tally of 166.65 million. The value of shares traded during the day was Rs7.58 billion.

Power Cement was the volume leader with 31.6 million shares, gaining Rs0.08 to close at Rs8.39. It was followed by The Bank of Punjab with 15.7 million shares, losing Rs0.03 to close at Rs12.12 and TRG Pakistan with 5.5 million shares, gaining Rs0.78 to close at Rs28.41.

Foreign institutional investors were net sellers of Rs446 million worth of shares during the trading session, according to data compiled by the National Clearing Company of Pakistan.

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