PSX ends flat session on positive note

KARACHI: The Pakistan Stock Exchange (PSX) today (Tuesday) hovered within a narrow range but managed to close the session on a positive note.

The benchmark KSE 100-index touched its intraday high of 40,434.60 then slid to its intraday low of 40,113.29 after a decline of 321 points. The index settled with an appreciation of 61.51 points at 40,184.01 as compared to 40122.50 points on the last working day.

The lower bench KSE 30 index gained 16.44 points and closed at 17,401.87 points. Meanwhile, The KMI 30 gained 332.69 points closing at 64,886.88 while the KSE All Share index managed to gain 33.70 points and closing at 28,232.90.

 Total 400 companies’ transacted shares in the Stock Market today, out of which 184 recorded gain and 196 sustained losses whereas the share price of 20 companies remained unchanged.

The most active stock was the Pakistan International Bulk Terminal Limited with the trading of 35,581,000 of its shares. The next two on the list were Pakistan Refinery Limited and DG Khan Cement Company Limited with 27,569,000 and 26,779,000 shares respectively.

However, it was the Grays Leasing Limited which the biggest gains in terms of share price as its value was up by 35.50 percent. The sector-wise performance shows that the overall performance of cement companies was more than satisfactory.