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PSX gains another 220pts till midday
A sign of the Pakistan Stock Exchange is seen on its building in Karachi, Pakistan January 11, 2016. REUTERS/Akhtar Soomro/File Photo

PSX gains another 220pts till midday

KARACHI: The upward rally continued at Pakistan Stock Exchange (PSX) till midday as the benchmark 100-index gained 220 points to take the tally to 45592 level on Tuesday.

The stocks started day on positive note and added 181 points to reach 45553 level in early trading.

Yesterday, the stocks opened the week on a positive note as the benchmark KSE-100 index gained 113 points to close at 45,372 points.

The index lost a few points in the opening hour to touch the day’s low of 45,192 points, but traded in the positive zone for most part of the day, hitting a day’s high of 45,453 points shortly before close.

Trading in the day remained dull as only 112.6 million shares worth Rs5.4 billion were traded at the exchange.

Of the 349 scrips traded in the day, 174 advanced, 158 declined and 17 remained unchanged. The chemical sector dominated trading with 15.3m shares traded while oil and gas marketing companies followed with 13.4m shares traded.