KARACHI: The Pakistan Stock Exchange started new week on positive note and added 71 points to reach 49446.22 points level in early trading on Monday.
On Friday, the stocks closed bearish as the benchmark shares index declined by 212.59 points or (0.43%) to close at 49,375.71 points. Volatility prevailed in the market during the first half of the trading session; whereas pressure was witnessed in the market during the second half as index heavy weights such as ENGRO, OGDC and UBL declared their financial results. ENGRO (slip 4.58%) lost value to close in the red zone as the holding company declared its result for 2016. In its result, the company posted EPS of Rs131.86 along with a final cash dividend of Rs4/share taking the full year payout to Rs24/share.
