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Home Markets

PSX takes good start, adds 130pts

byMatiur Rehman
26/02/2016
in Markets, Stock Exchange
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KARACHI: The Pakistan Stock Exchange (PSX) Friday took good start and gained 129.68 points to reach 30932.21 points in early trading.

On Thursday, the PSX opened comfortably in the green territory but was pulled down by midday selling. The market plunged amid heightened worry over market liquidity. Global prices of crude oil remained volatile as investors predicted another inventory built up.

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The KSE-100 index resumed trade from where it left the last session and gained 150.11 points. The gains soon reversed to a dip of 73.75 points. Last hour buying supported the index which settled with 15.93 points positive at 30,802.53. The market volumes thinned down to 121.253 million from last session’s 138.477 million.

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