Bull-run returns at PSX, KSE-100 index gains 737 points

*Click the Title above to view complete article on https://en.neonews.pk/.

2018-12-10T19:15:43+05:00

Karachi (Staff Report): Pakistan Stock Exchange started the week with positive trend as the KSE-100 index gained 737.57 points to close at 39299.62 points.

On Friday, the benchmark index closed at 38,562 points, downed by over 14,400 points compared to the 2017 peak level. The losses in the index are also included the ones incurred during the Pakistan Tehreek-e-Insaf (PTI) government tenure due to poor economic policing since August 2018.

The rally was also expected following the benchmark index shed over 1,900 points last week and stocks across the board fell to attractive buying levels.

The stocks trading on top of the volume leaders list were from power, chemical, cement, bank & IT and telecom sectors.

View More News