PSX Recovers, KSE-100 Gains Over 400 Points

The Pakistan Stock Exchange (PSX) recovered during Tuesday’s trading session after incurring losses on the previous day.

The benchmark KSE-100 Index gained 412.79 points, or 0.23 percent, to close at 177,388.46 points.

The index began trading after completing the last session at 176,975.67 points. The KSE-100 during the present session touched the high and low of 177,800.28 points and 177,343.54 points respectively.

Trading activity has been strong with 93.97 million shares changing hands thus far.

The benchmark KSE-100 Index had turned bearish a day earlier, losing 720.83 points, or 0.41%, to settle at 176,975.68 points against 177,696.51 points recorded in the previous trading session.

Trading volume on the ready market climbed to 937.270 million shares on Monday from 658.327 million shares in the previous session. Traded value also rose to Rs39.134 billion from Rs31.454 billion.

The market capitalisation fell to Rs19.830 trillion on Monday from Rs19.885 trillion a day earlier.