PSX: KSE-100 remains above 48,000 points despite volatility
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Wednesday Jun 02, 2021
A trader can be seen at the Pakistan Stock Exchange (PSX) building in Karachi. Photo: PPI/Files
More than 361.2 million shares had changed hands by the end of the session, with a total worth of nearly Rs16.7 billion.
Stocks of 399 companies were traded, of which 194 gained in value, 186 declined and 19 remained unchanged.
JS Research says the market remained volatile throughout the day.
The Pakistan Stock Exchange (PSX) on Wednesday had a volatile day with the market ending the day at 126 points over 48,000.
The PSX ended the day on a negative note, with the benchmark KSE-100 index losing -64 points, or -0.13%, by the close of the trading session to reach 48,126.
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Stocks extended the bullish spell on Friday with the KSE-100 index recording gains of 164.56 points (0.39 per cent) to settle at 42,470.40. AFP/File
KARACHI: Stocks extended the bullish spell on Friday with the KSE-100 index recording gains of 164.56 points (0.39 per cent) to settle at 42,470.40.
The index made intra-day high by 322 points. Although select stocks on the technology and refinery sectors continued to show price flare up, the exploration & production sector also saw substantial rise in the stock price on reports of international prices of WTI crude increasing by 4pc. Brent also crossed $50 per barrel for the first time since March.