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Late buying helps KSE-100 index close in green

MM News Staff by MM News Staff
December 14, 2021
Reading Time: 1 min read
It finally settled higher by 370.34 points at 43,246.71.

It finally settled higher by 370.34 points at 43,246.71.

KARACHI: The Pakistan Stock Exchange (PSX) closed a range-bound session on Tuesday with decent gains, as the indices swayed in both directions until finally settling in the green.

The benchmark KSE-100 Index started the day on a negative note, shedding 160.95 points to touch its intraday low at 42,715.42 before the midday break. However, the index managed to recover all losses in the afternoon session to mark its intraday high at 43,265.80.

It finally settled higher by 370.34 points at 43,246.71. Among other indices, the KMI-30 Index gained 582.77 points to close at 69,490.14, whereas the KSE All Share Index gathered 209.36 points, settling at 29,629.88.

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Technology, Cements, E&P and Food sector’s stocks led the show where TRG, MLCF, LUCK, MARI and UNITY cumulatively added 161 points while OGDC, SNGP & ABL were major laggards as they lost 38 points, collectively.

Total volume and value stood at 212 million shares & Rs6.8 billion, respectively. WTL was at top on the volume chart with 21 million shares traded in it, today.

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