The bulls continued to bear on the Pakistan Inventory Change (PSX), with the benchmark KSE-one hundred index closing ninety four factors larger on Wednesday, marking a achieve of zero.22per cent.
The index hovered above the forty three,300-mark over the day, hitting a day’s low of forty three,146 and a excessive of forty three,436 to shut at forty three,347 amid excessive volumes.
“Shares closed greater amid help in chosen oil, cement and textile shares amid consolidation submit main earnings bulletins at PSX,” however “considerations remained over $2.6 billion present account deficit for July-August,” Ahsan Mehanti of the Arif Habib Company stated.
Almost 223 million shares value Rs12 billion have been traded on the trade, as 194 of the 372 traded symbols superior. However,159 symbols retreated and 19 remained unchanged.
The know-how and communication sector led the day’s buying and selling by a margin with fifty three.9m shares traded, whereas engineering and business banks adopted with 26.2m and 20.1m shares traded respectively.
WorldCall Telecom: 26.5m shares traded [-10.13pc]
TRG Pak Ltd: 24.5m shares traded [+0.52pc]
Dost Steels Ltd: 14.3m shares traded [-4.16pc]
Tempo (Pak) Ltd: eight.7m shares traded [-2.04pc]
Financial institution Al-Falah: eight.3m shares traded [+1.71pc]
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