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PSX starts day with positive note

byMatiur Rehman
26/07/2016
in Markets, Stock Exchange
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KARACHI: The Pakistan Stock Exchange Tuesday started with positive note and added 26.83 points to reach 39044.15 points level in early trading.

On Monday, the equities closed lower on the first day of week after the benchmark KSE 100-share Index traded lacklustre and found support above 39,000 points. At close, the Pakistan Stock Exchange’s (PSX) benchmark index recorded a fall of 0.34% or 134.46 points to end at 39,017.32. Overall, volumes and the traded value on the benchmark index plunged 44% and 38% respectively compared to last week’s average with the on-going futures rollover week expected to keep participation at minimum levels in the market. Trading volumes fell to 166 million shares compared with Friday’s tally of 220 million.

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