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Stocks open bullish, gains 127pts in early trading

byMatiur Rehman
07/02/2017
in Markets, Stock Exchange
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KARACHI: The Pakistan Stock Exchange (PSX) Tuesday started trading keeping previous day’s bullish note and gained 127 points to reach 49757 points level in early trading.

On Monday, positive sentiments prevailed at PSX resultantly the shares index on first trading day rallied 74.21 points to close at 49,630 points. The bourse witnessed positive sentiment during the day to touch intraday high of 49,739 points by adding 186 points. However, some profit-taking in later part of the day restricted the index gain to 74 points. Overall volume declined to 281 million shares from 338 million shares traded in previous session, while traded value also decreased to Rs13 billion from Rs18 billion.

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