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PSX gains 122.65pts, up 0.37% to end in green zone

PSX gains 122.65pts, up 0.37% to end in green zone

KARACHI: The Karachi Stock Exchange benchmark 100-index gained 122.65 points or 0.37 percent to reach 33080.40 points and volume of 111,777,190 shares on last day of trading, Friday.

On Wednesday, despite losing most of the gains, the Pakistan Stock Exchange (PSX) remained in green zone and added 66.67 points to reach 32957.75 points level at closing.

High and low were 33145.62 and 32942.26 respectively. Total volume traded in the market was 111,777,190 shares.

Earlier, the Pakistan Stock Exchange (PSX) opened keeping bullish note and added 122 points in early trading to cross 33,000 mark and reach 33013.41 points level. Despite losing most of the gains, the PSX remained in green zone till midday and added 85.98 points to reach 32977.06 points.

On Wednesday, the benchmark KSE-100 index touched an intra-day high of 32,941.44 before it closed at 32,891.08 up 268.06 points. Buying continued in the KMI 30 index, which shot up 627.84 points during the day and ended strong at 57,510.74 plus 416.06 points. KSE All share settled at 22,258.88 with 129.67 points positive. A total of 147 companies gained while 144 took a dip.

The market volumes were down from last session to 182.113 million but still remained higher than average volume of current year to date. The volume leader chart remained unchanged with the commercial banks on top followed by cement sector and power generation and distribution sector.