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KARACHI: The Pakistan Stock Exchange (PSX) on Tuesday extended their bullish stance to the second trading day of the rollover week, with the benchmark index gained 305 points to cross the 47,500 level.
The benchmark KSE-100 Index remained in the green throughout the session, registering its intraday high at 47,808.63 after accumulating 355.38 points. It settled higher by 305.07 points at 47,758.32.
Sectors driving the benchmark KSE 100 index upwards included cement (59.86 points), technology and communication (55.19 points) and banking (55.55 points).
Volume on the all-share index increased significantly from 252.34 million on Monday to 443.21 million on Tuesday. The value of shares traded during the session amounted to Rs16.19 billion, a sharp rise from Rs9.25 billion on Monday.
WorldCall Telecom remained the volume leader with 36.35 million shares, followed by Telecard Limited with 29.47 million shares, and Byco Petroleum at 29.39 million shares.
Shares of 482 companies were traded on Tuesday, of which 335 registered an increase, 120 recorded a fall, while 27 remained unchanged.