PSX witnessed a positive session today

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        PSX witnessed a positive session today. The KSE-100 index opened in the green zone but investors opted for profit taking in the1st trading hour. Banking sector remained in the limelight due to major result announcements. Value buying was observed in the last trading hour which led the index to close in the green zone.

        The Index closed at 43,676.56pts, up by 240.08pts (0.55% DoD). Sectors contributing to the performance include Technology (+116.2pts), Cement (+97.2pts), Power (+38.1pts), Engineering (+16.1pts) and Fertilizer (+13.6pts).

        Volumes increased from 518.0mn shares to 608.0mn shares (+17.4% DoD). Average traded value decreased by 31.4% to reach US$ 51.8mn as against US$ 75.8mn.

        Stocks that contributed significantly to the volume are KEL, WTL, HASCOL, PIA and FLYNG.

Courtesy – AHL

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