KARACHI: The Pakistan Stock Exchange (PSX) on Friday witnessed another volatile session, but ended the week on a positive note with minor gains.
Encouraging financial results encouraged the investors to pour money into select sectors that aided the rally. Moreover, continuous appreciation in rupee against the US dollar and positive economic cues further lent support to the bulls during the session.
The market opened on a positive note, took a dip of around 48 points on the next moment and then remained positive throughout the session. The KSE-100 Index recorded an intraday high of 46,133.20 points and a low of 45,814.64 points.
At the close, the KSE-100 index gained 46.72 points, or 0.10%, to settle at 45,909.65 points. Shares of 360 companies were traded during the session. At the close of trading, 158 scrips closed in the green, 178 in the red, and 24 remained unchanged.
Overall trading volumes plunged to 192.47 million shares compared with Thursday’s tally of 328 million. The value of shares traded during the day was Rs8.89 billion.
WorldCall Telecom Limited was the volume leader with 12.79 million shares traded, losing Rs0.04 to close at Rs2.29. It was followed by Telecard Limited with 9.68 million shares traded, gaining Rs0.26 to close at Rs17.71, and Ghani Global
