KARACHI: Pakistan Stock Exchange (PSX) on Monday witnessed a bullish trend and the benchmark KSE-100 index recovers 531 points and closed at 41,151.54 points.
Trading began on a positive note and the KSE-100 Index maintained the ascent throughout the session. The market crossed 41,000-point mark in second half of the session and wiped off few of the losses in the last few sessions.
Index-heavy automobile, cement and banking spaces closed with gains.
Sectors propelling the benchmark KSE-100 Index forward, included technology and communication sector (111.76 points), power generation and distribution sector (104.40 points) and cement sector (81.84 points).
Volume on the all-share index rose to 213 million from 165.3 million on Friday. On the other hand, the value of shares traded surged to Rs9.5 billion from Rs6.87 billion recorded in the previous session.
TRG Pakistan was the volume leader with 27.4 million shares, followed by Cnergyico PK with 17.4 million shares and Unity Foods with 15.4 million shares
Shares of 326 companies were traded on Monday, of which 224 registered an increase, 79 recorded a fall, and 23 remained unchanged.
