Stocks stay the flattish course in unadventurous trade
Business
December 10, 2020
Stocks on Wednesday failed to snap the flattish streak despite an energy-led upswing as investors are taking no chances fearing the ongoing political conflict may escalate into a full-blown national crisis, dealers said.
Pakistan Stock Exchange (PSX) benchmark KSE-100 shares index gained 0.24 percent or 102.25 points to close at 42,204.03 points, while volumes increased to 438.146 million shares, as compared to 409.741 million shares in the previous session. KSE-30 was also up 0.33 percent or 57.95 points to end at 17,691.26 points.
Topline Securities in a market review said equities closed positive in line with regional indices. “The market opened on a positive note making an intraday high of 248 points and traded in a range of 319 points through the day, the brokerage said.