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KSE-100: Stocks stage sharp recovery; index up 487 points


KSE-100: Stocks stage sharp recovery; index up 487 points
May 5, 2021
PSX-continues-bullish-trend-gains-827-points-e1576187826235Stocks at Pakistan Stock Exchange (PSX) staged sharp recovery on Tuesday, as selling pressure finally ended, owing to positive economic indicators.
On Tuesday, the benchmark KSE-100 opened on a positive note and touched intra-day low at 44,620.41 level after gaining over 540 points. However, the index clocked at 44,563.59 level by the closing bell after posting a 487 points gain.
During the session, investor sentiments were primarily buoyed by a 57%YoY improvement in local oil sales to 1.67 MTs in the month of April which shows an uptick in overall economic activity despite virus spread. ....

Shaukat Tarin , National Clearing Company Of Pakistan Limited , Muslim Commercial Bank , Habib Bank , Ghani Global , Stocks At Pakistan Stock Exchange , Kohinoor Textiles Mills , Technology Communication , Pakistan Stock Exchange , Finance Minister , Topline Securities , Market Capital , Unity Foods , Telecard Limited , National Clearing Company , Pakistan Limited , Commercial Banks , Personal Care Products , Lucky Cement , Habib Bank Limited , Pak Tobacco , Kohinoor Textiles Mills Limited , ஷௌுகத் தாரின் , தேசிய அழித்தல் நிறுவனம் ஆஃப் பாக்கிஸ்தான் வரையறுக்கப்பட்டவை , முஸ்லீம் வணிகரீதியானது வங்கி , ஹபீப் வங்கி ,