The Pakistan Inventory Trade (PSX) continued its run within the inexperienced, with the benchmark KSE-one hundred Index gaining 776 factors, up 1.ninety one per cent, on Tuesday.
The index opened decrease to the touch the day’s low of forty,535 factors earlier than taking the upward trajectory and hitting the day’s excessive of forty one,567 factors earlier than shut.
“Market witnessed uninteresting buying and selling in preliminary hours as buyers initially appeared perturbed by escalated diplomatic rigidity between US and Pakistan,” a observe from Elixir Securities learn. “Nevertheless, because the day progressed, lively shopping for from native institutional buyers throughout main sectors modified the temper.”
Volumes picked up as round 230 million shares value Rs10.5 billion have been traded within the session. Of the 368 traded scrips, 221 superior, one hundred twenty five declined and 22 remained unchanged.
Cement sector dominated buying and selling with 36.8m shares traded whereas know-how and business banking adopted with 30.3m and 29.7m shares traded.
TRG Pak Ltd: 20.8m shares traded [-3.45pc];
Okay-Electrical Ltd: 18.3m shares traded [+4.51pc];
Fauji Cement: 10.6m shares traded [+5.00pc];
Pak Elektron: eight.8m shares traded [+0.98pc];
5/ Tempo (Pak) Ltd: 7.7m shares traded [-5.33pc].
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