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Stocks inch up 11 points in volatile trade

MM News Staff by MM News Staff
August 11, 2021
It finally settled higher by 11.86 points at 47,135.48.

It finally settled higher by 11.86 points at 47,135.48.

KARACHI: The Pakistan Stock Exchange (PSX) witnessed a volatile session on Tuesday, with the indices swaying in both directions before closing marginally positive.

The benchmark KSE-100 Index searched for a clear direction throughout the day, registering its intraday low at 46,928.16 and intraday high at 47,272.88. It finally settled higher by 11.86 points at 47,135.48.

Sectors that rescued the KSE-100 index from the negative zone included food and personal care products (21.97 points), cement (15.06 points), and pharmaceutical (8.19 points).

Volume on the all-share index increased from 337.29 million on Monday to 370.03 million on Tuesday. The value of shares traded during the session also witnessed a rise to Rs12.09 billion, from Rs11.33 billion on Monday.

Shares of 475 companies were traded on Tuesday, of which 224 registered an increase, 228 recorded a fall, while 23 remained unchanged.

WorldCall Telecom remained the volume leader with 42.93 million shares, followed by Telecard Limited with 29.44 million shares, and Azgard Nine at 28.42 million shares.

 

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