KARACHI: The Pakistan Stock Exchange Friday witnessed variation in early trading and added 14.28 points to reach 42426.08 points level.
On Thursday, stocks closed almost flat amid consolidation in the post-earnings season at PSX. Volatility persisted in the market as the index, which traded between an intra-day high of 122 points and intra-day low of 77 points, finally close up by 7.33 points at 42,411.80 points.
Overall, volumes increased by 28.8% to 496m shares, while value increased by 19.2% Rs15.5b/$148m. Recovery in global crude prices on likely OPEC output freeze supported oil stocks. Cements stocks outperformed on speculations over earnings in CPEC projects and rising local cement prices.
