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Home / Markets / Stocks gains huge 658pts to cross 46,000 level in early trading
Stocks gains huge 658pts to cross 46,000 level in early trading

Stocks gains huge 658pts to cross 46,000 level in early trading

KARACHI: The Pakistan Stock Exchange (PSX) Thursday gained huge 658 points to reach 46076 points level in early trading.

On Wednesday, the PSX remained volatile throughout the day and closed at 45,419 points after losing 218 points. Profit booking was seen in the market where investors started reducing intraday positions.

The 100-index was dragged down by ENGRO (down 2.5%), UBL (1.4%), LUCK (1.4%), HUBC (1.5%) & OGDC (declined 1.3%), which aggregately held back 153 points; while DAWH (up 4%), PPL (1.4%), MARI (2.7%), INDU (2.7%) & APL (up 4.4%) contributed 99 points to the green. On the sector front, cements bled 81 points, banks 52 points, power 45 points, fertilizer 37 points; while OMCs added 14 points & autos 12 points. Scrips of total 361 active companies traded in the session of which 200 finished in red, 148 in green while 13 remained unchanged.