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PSX gains 439 points amid positive signals

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The Pakistan Stock Exchange (PSX) remained positive for the second straight session on Monday, with the benchmark KSE-100 Index gaining 439.27 points (+0.99 percent) to close at 44,339.95 points.

The market opened on a positive note but took a dip soon after crossing the 44,000 level and shed around 90 points during the first half-an-hour. However, later the bulls controlled the trading throughout the session.

The KSE-100 Index moved in a range of 675.9 points, showing an intraday high of 44,484.7 points and a low of 43,808.8 points.

Among other indices, the KSE All Share Index gained 243.51 points (+0.81 percent) to close at 30,272.06 points, while KMI All Share Islamic Index gained 211.25 points (+0.97 percent) to close at 21,906.82 points.

A total of 354 companies traded shares in the stock exchange, out of them shares of 251 closed up, shares of 83 closed down while shares of 20 companies remained unchanged. —TLTP

 

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