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Home Markets

Stock opens keeping positive note

byMatiur Rehman
22/07/2016
in Markets, Stock Exchange
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KARACHI: The Pakistan Stock Exchange Friday opened with positive note and added 72 points to reach 39378.32 points level in early trading.

On Thursday, the stock market closed at a record high on local and foreign investors support. The 100-share index closed at 39306.79 points after gaining 208 points. Automobile sector continued to garner investor interest on the back of a weakening Yen. INDU (up 2.4%) and PSMC (2.4%) were top performers of the aforementioned sector. Fertilizer sector gained as investors anticipated strong fertilizer dispatch number for the month of July. Major gainers of the aforementioned sector were EFERT (up 2.1%) and FATIMA (3.9%).

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