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HomePSX Started Day With Slow Gains at 156.55 Points

PSX Started Day With Slow Gains at 156.55 Points

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After climbing the psychological barrier of 42,000, the Pakistan Stock Exchange (PSX) continued an upbeat trend on Tuesday as the KSE-100 index saw its points move up to 42,203.91.

As the morning bell rang, the KSE-100 index rose to 42,101.68 points from its earlier close of 42,047.36.

However, since the beginning of the session, the index has moved to a high of 42,233.99 points and this trend seems to be sustained.

So far, the top contributor to the index has been the cement sector, up 20.29 points.

While the biggest change was seen in oil and gas exploration companies which improved by 0.44 percent.

However, the volume leader is Dewan Farooq Motors Limited (DFML), which saw a positive change of 0.70% in its share price.

Positive momentum is due to the recovery of investor confidence after Pakistan announced financial packages from China, Saudi Arabia and now the World Bank.

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