Karachi (December 12, 2017): Pakistan Stock Exchange (PSX) on Tuesday managed to close flattish despite sustained selling in the early hours of trading.
A sustained bout of selling had been followed by cherry-picking, which helped the benchmark KSE-100 Index gain 43 points to close at 38,525.
The benchmark had showed a steep decline during the first half of the session. The benchmark hit a day’s low at 37,737 points before adopting a positive momentum for the rest of the session. It hit a day’s high of 38,620 points near the close of trading.
In all, over 195 million shares worth almost Rs8.7 billion changed hands during the session. A total of 347 companies’ shares were traded, out of which 100 advanced, 229 declined, whereas 18 remained unchanged.
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