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PSX Gains 245 Points by Mid-day

Karachi (August 1, 2017): Pakistan Stock Exchange (PSX) is trading in positive zone on Tuesday and has gained some 245 points by mid-day.

The bench mark KSE-100 index  has gained some 199 points in morning session. The index is trading at 46, 263 points (12:19 pm).

On Monday, the KSE-100 index gained 98.42 points (0.21 per cent) to close at 46,010 points.

The market was inundated with `buy` orders as the investors felt relieved after uncertainty over the Panamagate verdict ended.

The index surged 1,200 points to 47,111 points within the first 90 minutes of the trading. As the euphoria died down and sanity returned, investors rushed to take profit with the result that the index dipped in the red, for a moment, but managed to emerge into the green before the close.

The volume was slightly down to 319 million shares against 328m shares on Friday. The traded value also declined 11pc toRs18.8bn, from Rs21.1bn.

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