KARACHI: The Pakistan Stock Exchange Friday opened keeping bullish note and added 131.48 points to reach 42835.47 points level in early trading.
On Thursday, stock market closed at all-time high as it rallied in line with the global markets. The 100-share index gained 500.38 points and closed at of 42,704 points.
Cement sector continued its positive momentum on the back of promising dispatch numbers, which were released by APCMA for the month of Oct-2016. MLCF (up 5.0%) and KOHC (3.7%) were top performers of the aforementioned sector.
Investor interest was seen in the banking sector as it gained to close (up 2.0%) higher from its previous day’s close. Traded volume increased to 560m shares, while traded volume slightly decreased to Rs20b/$191m. BOP and PIAC led the session with total traded volume of 119m shares. Total 431 active companies participated in the session of which 305 closed in green, 119 in red while 7 went unchanged.
