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KARACHI: The Pakistan Stock Exchange (PSX) today (Tuesday) witnessed slight signs of recovery, with the indices swaying in both directions before landing in the green.
The benchmark KSE-100 Index remained volatile throughout the day, recording its intraday low at 38,568.95 (-503.52 points) and intraday high at 39,349.29 (+276.82 points). It settled higher by 55.01 points at 39,127.48.
Meanwhile, the KMI-30 Index appreciated 178.95 points or to close at 61,966.40, while the KSE All Share Index added 61.72 points, ending at 27,856.42.
Stocks of 350 companies were traded, of which 200 gained in value, 132 declined and 18 remained unchanged. The overall market volumes fell from 409.94 million shares in the previous session to 400.95 million shares (-1pc).
Hascol Petroleum Ltd (HASCOL -1.37pc), Unity Foods Ltd (UNITY +6.65pc) and TRG Pakistan Ltd (TRG +0.19pc) led the volume chart, exchanging 78.20 million, 36.81 million and 29.39 million shares, respectively.
Sectors that helped the benchmark index close in green include cement (+18.39 points), insurance (+14.62 points) and oil & gas marketing (+9.00 points).
Global equity markets also showed a positive trend, whereas crude oil prices moved further north from the previous close; WTI crude price increasing 1.20pc to $39.70 while Brent crude price rising 1.16pc to $41.77.