PSX gains over 300 points amid buying in banks, energy and cement stocks
“KSE-100 Index rose 356 points, or 0.21%, to 171,509.25, supported by buying in banks, cement, energy, power and refinery stocks, with 48.85 million shares trade…”
KKARACHI —Pakistan Stock Exchange (PSX) continued its upward momentum during Tuesday’s trading session. The KSE-100 index gained 356.09 points, or 0.21%, to reach 171,509.25 points. The market remained open with the index moving between an intraday high of 171,680.73 and a low of 171,372.29.
Trading volume stood at 48.85 million shares. Buying interest was visible across several key sectors, including automobile assemblers, cement, commercial banks, oil and gas exploration companies, power generation and refineries. Several index-heavy stocks also traded in positive territory.
ARL, HUBCO, MARI, OGDC, POL, HBL, MCB, MEBL and NBP were among the prominent stocks contributing to the market's gains. The latest advance follows the previous session, when the KSE-100 Index rose 268.58 points, or 0.16%, to close at 171,153.17 points.
Continue Reading: More in Business
Swipe or click arrows to explore Business desk coverage
