Pakistan Stock Exchange (PSX) maintained the bullish trend for the second consecutive day on Tuesday as the benchmark KSE-100 Index gained 385.47 points with a positive change of 0.33%, closing at 116,775.50 against 116,390.03 points on the previous session.
The stock market opened in the green and due to buying, continued the bullish trend to reach at 117,362.22, however after the midday selling pressure force KSE-100 Index to drop some points but still closed in the green.
A total of 215,168,112 shares were traded during the day as compared to 484,547,019 shares the previous trading day, whereas the price of shares stood at Rs21.439 billion against Rs27.430 billion on the last trading day.
As many as 446 companies transacted their shares in the stock market, 218 of them recorded gains and 174 sustained losses, whereas the share price of 54 companies remained unchanged.
Positive momentum was observed in key sectors including commercial banks, OMCs, refinery, and power generation. Index-heavy stocks, including HBL, MCB, MEBL, UBL, POL, PPL, SNGPL, SSGC, and AR,L traded in the green.
