The Pakistan Inventory Trade (PSX) began the week on a robust notice, with the benchmark KSE-one hundred index gaining 588 factors to shut at forty three,112.
The index reached a day’s excessive of forty three,256 earlier than settling by the top of the day, persevering with final week’s momentum.
Of the 379 traded scrips, 276 superior, eighty one declined and 22 remained unchanged.
Volumes have been on the upper aspect with 314 million shares value Rs14.three billion traded, with the know-how and communication sector dominating with 50.6 million shares traded within the day.
“The index has recovered 13pc from the underside ranges of December 2017, proper after an enormous plunge within the native bourse publish political and financial uncertainties,” a notice from JS Analysis stated, including that the banking sector continued its earlier week’s rally with UBL (+2.18pc), HBL (+three.34pc) and MCB (+1.09pc) being the most important movers from the sector.
WorldCall Telecom: 35.26m shares traded [+7.09pc];
Azgard 9: 15.6m shares traded [+6.30pc];
Aisha Metal Mill: 12.9m shares traded [+4.97pc];
TRG Pak Ltd: 12.2m shares traded [+1.31pc];
Financial institution of Punjab: eleven.7m shares traded [+0.11pc].
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