PSX at all-time high market volumes

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Amanullah Khan

Karachi—KSE-100 Index of Pakistan Stock Exchange traded amidst an all time high market volume of 903 million volumes indicating brisk trading activity here on Tuesday.
The market volume took a quantum jump due to more and more day trading in smaller stocks which raised the volume yet the Index level dropped by 74 points to close in red at 40340 levels. The volume leader of the day was Dewan Salman with a trading activity of over 70 million to their credit.
The other two top volume leaders were PACE Pakistan and Bank of Punjab with respective trade of 59.84 million and 50.26 million shares. According to market analysts the index may gain unprecedented high in the coming sessions when the investment comes to bigger scrips with the expected stability in the international oil prices.