KARACHI: The Pakistan Stock Exchange (PSX) Tuesday gained 82 points in a range-bound session as investors remained cautious due to the country’s precarious economic situation.
The indices traded in the green all day long, as the benchmark index reached an intra-day high of 40,204.40 – an increase of 204 points. At close, it settled at 40,082.37, an increase of 82 points or 0.2%.
Sectors driving the benchmark KSE-100 Index upwards included, banking (30.71 points), fertilizer (24.53 points) and food and personal care products (20.80 points).
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Volume on the all-share index increased to 87.2 million from 64.5 million on Monday. The value of shares traded inched up to Rs3.3 billion from Rs2.5 billion recorded in the previous session.
Telecard Limited was the volume leader with 23.8 million shares followed by WorldCall Telecom with 4.2 million shares and K-Electric Limited with 3.8 million shares.
Shares of 300 companies were traded on Tuesday, of which 136 registered an increase, 134 recorded a fall and 30 remained unchanged.