PSX gains 53 points in volatile session


The Pakistan Stock Exchange (PSX) snapped the losing streak, albeit with a thin margin, on Tuesday amid return of volumes in a volatile session, with the benchmark KSE-100 Index gaining 53.73 points (+0.12 percent) to close at 43,883.08 points.

The market opened on a slightly positive note that was followed by a selling spree, which continued for the next four hours.

At one point, the market shed almost 680 points. However, the market recovered the losses in the last couple of hours and managed to close in positive.

The KSE-100 Index moved in a range of 801.9 points, showing an intraday high of 44,051.1 points and a low of 43,149.2 points. Among other indices, the KSE All Share Index gained 36.62 points (+0.12 percent) to close at 30,226.4 points, while All Share Islamic Index gained 12.47 points (+0.06 percent) to close at 21,468.6 points.

A total of 362 companies traded shares in the stock exchange, out of them shares of 144 closed up, shares of 199 closed down while shares of 19 companies remained—TLTP

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