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Stocks open bullish, add 126pts in early trading
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Stocks open bullish, add 126pts in early trading

KARACHI: The Pakistan Stock Exchange (PSX) Tuesday witnessed positive note in early trading as the benchmark 100-index gained 126 points to reach 45655 points level.

On Monday, the stocks started the week on a positive note as the KSE 100-index gained 235 points but in thin trade. The index closed at 45,529.49 points.

Top 5 index point performers were NESTLE (up 4.2%), MCB (1.2%), DAWH (1.6%), ENGRO (up 0.7%) & TRG (3.3%), adding 97 points; while MARI (down 1.6%), PMPK (5%), BAHL (1.1%), FCCL (0.9%) & UBL (0.2%) held back 39 points.

On the sector front, fertilizer added 49 points, food 43 points, OMCs 26 points, banks 18 points & tech 16 points, while tobacco shed 9 points. Market participation thinned further compared to last session; volumes shed 14% to 106n share, while traded value shed 22% to Rs5.4b/$51.3m.