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Stocks cheer up with 230 more points to reach 41354 level in early trading

byMatiur Rehman
05/10/2016
in Markets, Stock Exchange
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KARACHI: The stocks Wednesday gained 230.25 points to take the tally to another record level of 41354.22 points in early trading.

On Tuesday, bull-run continued at the Pakistan Stock Exchange as the 100-share index reached yet another high. Crossing the psychological barrier of 41,000 points for the first time ever, the index closed at 41,123.97 points after gaining 137.66 points. HABSM and FRSM were top performers of the aforementioned sector, as they gained to close on their respective upper circuits. DGKC (down 1.39%) and FCCL (1.93%) were major losers of the aforementioned sector. Volumes decreased by 1.6% to 560m shares while value decreased by 1.1% to Rs17.3b/$166m.

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