Positive day observed at PSX today

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  • Post category:PSX
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· Positive day observed at PSX, KSE-100 index remained in green zone throughout the day, activity remained sideways due to political unrest and devaluation of PKR against US Dollar. Value buying were observed in fertilizer sector. In the last trading hour, across the board profit taking was witnessed.

· The Index closed at 44,111.10, up by 183.02pts (+0.42% DoD). Sectors contributing to the performance include Fertilizer (+64.4pts), Banks (+36.0pts), Technology & Communications (+30.8pts), Power (+28.7 pts) and Investment Banks (+25.3pts).

· Volumes decreased from 115.6mn shares to 108.4mn shares (-6.3% DoD). Average traded value also decreased by 6.9% to reach US$ 22.9mn as against US$ 24.6mn.

· Stocks that contributed significantly to the volumes are TREET, TELE, EPCL, KEL and GGL.

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