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Stocks recoups with 370pts in early trading

byMatiur Rehman
22/05/2017
in Markets, Stock Exchange
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KARACHI: The Pakistan Stock Exchange (PSX) Monday started week on positive note and added huge 370 points to reach 51112 points level in early trading.

On Friday, the stocks ended the week on a negative note with the benchmark shares index lost another 214.57 points, or (0.42pc) to conclude at 50,742 level. Volatile session was witnessed today at the market as the KSE-100 index traded between an intraday high of 241 points and an intraday low of 290 points. Most of the selling pressure was witnessed during the second half of the day, which resulted in the market closing at 50,742 level. Overall, volume increased to 345 million shares compared to 302 million shares changed hands, while value slightly increased to Rs12.4 billion/$119 million.

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