PSX lands in green amid cautious trading

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Staff Reporter

Karachi

Pakistan Stock Exchange (PSX) closed higher on Tuesday, with the benchmark KSE-100 index gaining 152 points, or 0.37 per cent, to close at 41,279 points.
The index hit a high of 41,411 points but fell mid-session to touch the day’s low of 41,025 points, only to recover towards the end. 99.68 million stocks worth Rs5.41 billion were traded in the market. A total of 339 symbols were traded in the session, of which 136 advanced, 189 declined and 14 remained unchanged while investors remained cautious and volumes remained low.
Commercial banks dominated the trading with 16.3m shares traded while the chemical sector followed with 10.6m shares traded.
Volumes were led by: Engro Polymer: 9.4m shares traded [-4.47pc]; K-Electric Ltd: 9.3m shares traded [+1.79pc]; Jahangir Siddiqui Co: 9.0m shares traded [+4.77pc]; B.O.Punjab: 7.5m shares traded [+0.20pc] and Pak ElektronXD: 4.2m shares traded [+2.58pc]