KARACHI: Investors of the Pakistan Stock Exchange (PSX) witnessed a tug of war between bulls and bears on Tuesday, with the indices swaying in both directions before landing in the green.
The benchmark KSE-100 Index remained volatile throughout the day, recording its intraday low at 45,502.81 (-141.28 points) and intraday high at 45,804.00 (+158.91 points). It settled higher by 87.61 points at 45,731.70.
Among other indices, the KMI-30 Index appreciated 87.08 points or 0.12pc to close at 74,077.36, while the KSE All Share Index added 59.01 points, ending at 31,334.77.
Sectors contributing to the performance included fertiliser (+31.3 points), technology (+31.1 points), automobile (+18.6 points), cement (14.4 points) and investment banks (+10.8 points).
Shares of 336 companies were traded during the session. At the close of trading, 200 scrips closed in the green, 118 in the red, and 18 remained unchanged.
Overall trading volumes rose to 274.6 million shares compared with Monday’s tally of 187.8 million. The value of shares traded during the day was Rs6.75 billion.
WorldCall Telecom Limited was the volume leader with 91.89 million shares traded, losing Rs0.09 to close at Rs1.96. It was followed by K-Electric with 22.71 million shares traded, gaining Rs0.11 to close at Rs3.53, and Telecard Limited with 10.11 million shares traded, gaining Rs0.54 to close at Rs16.86.
