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Home Breaking News

Stocks open positive

byMatiur Rehman
15/02/2018
in Breaking News, Latest News, Markets, Stock Exchange
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KARACHI: The Pakistan Stock Exchange Thursday started day on positive note and added 42 points to reach 43395 level in early trading.

On Wednesday, investors turned to profit-taking with benchmark index shedding 162 points, down 0.4 percent to 43,353 points level as market paid heeds to recent political developments.

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Sector wise data indicates that Cement eroded 112 points from the index, followed by Oil & Gas Marketing and Fertilizer sectors that cumulatively took away 101 index points. Trading volumes improved by 2 percent whereas the trading session was up 3 percent.

Stocks including LUCK (-2.4 percent), DGKC (-4.2 percent), SEARL (-3.9 percent), SNGP (-2.9 percent) & PSO (-2 percent) withheld 129 points from the index whereas stocks including HBL (+3.4 percent), UBL (+1.8 percent), MCB (+0.2 percent), JLICL (+3.4 percent) & ABL (+0.9 percent) added 146 points to the index gain.

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