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Home Markets

Stocks open bullish, add 204pts in early trading

byMatiur Rehman
12/04/2017
in Markets, Stock Exchange
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KARACHI: The Pakistan Stock Exchange Wednesday opened keeping previous day’s positive note and gained 204 points to reach 48454 points level in early trading.

On Tuesday, the stocks continued to make gains amidst tight volumes with PSX shares index gaining 307 points (0.64%) to breach the 48,000 points barrier and close at 48,250.07 level.

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Volumes were led by Azgard Nine with 14.8 million shares traded, Dewan Cement with 14.13 million shares traded and TRG Pak Ltd with 12.7 million shares traded remained in spotlight in the market. Market participation ticked-up from Monday’s lows with volume increasing 12 percent to 147 million shares, however traded value stagnated (-0.3pc) at Rs7.6 billion.

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