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A sign of the Pakistan Stock Exchange is seen on its building in Karachi, Pakistan January 11, 2016. REUTERS/Akhtar Soomro/File Photo

A sign of the Pakistan Stock Exchange is seen on its building in Karachi, Pakistan January 11, 2016. REUTERS/Akhtar Soomro/File Photo

Stocks start week on positive note

byMatiur Rehman
17/04/2017
in Markets, Stock Exchange
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KARACHI: The Pakistan Stock Exchange started new week on positive note as the benchmark 100-index gained 47652 points level in early trading on Monday.

On Friday, the stocks continued its previous day momentum on weakened as the index lost around 374 points or (0.78pc) and to close at 47,577 level. Overall, volumes declined to 125.7 million shares compared to 233 million shares changed hand yesterday, while the traded value plunged to Rs7.13 billion from Rs12 billion. Volumes were led by Sui Southern Gas with 11.7 million shares traded, Aisha Steel Mill with 7.8 million shares traded and K-Electric with 6 million shares traded, respectively.

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