KARACHI: Bulls extended their control on the Pakistan Stock Exchange (PSX) on Tuesday, with the benchmark index accumulating gains all day long amid significant rise in investors’ interest.
The benchmark KSE-100 Index remained in the green throughout the day, registering its intraday high at 46,398.01 after gaining 310.37 points. It settled higher by 199.74 points at 46,287.38.
Among other indices, the KMI-30 Index surged 561.95 points to end at 73,608.36, while the KSE All Share Index inched up 75.01 points, closing at 32,025.47.
The overall market volumes increased from 470.02 million shares in the previous session to 603.23 million shares (+28pc). Average traded value also went up 27pc, from $131 million to $166.8 million.
Sectors that kept the benchmark index in the green zone included cement (+92.87 points), technology & communication (+42.97 points) and oil & gas marketing (+34.35 points).
Adding 1.81pc to its cumulative market capitalization, the cement sector ended as the session’s top performer, with Lucky Cement Ltd (LUCK +1.00pc), DG Khan Cement Company Ltd (DGKC +1.22pc) and Bestway Cement Ltd (BWCL +1.14pc) posting decent gains.
