KSE-100 index gains 71.82 points

KSE-100 index gains 71.82 points

Karachi (Staff Report): Pakistan Stock Exchange started the week with bullish trend as benchmar-100 index gained 71.82 points or 0.15% on Monday.

Stocks opened positive, before investors decided to book profits and stay on the sidelines with activity limited to select scrips.

At close, the Pakistan Stock Exchange’s (PSX) benchmark KSE 100-share Index recorded a rise of 71.82 points or 0.15% to end at 48,227.75.

According to Elixir Securities, the market carried the momentum from late evening on Friday and traded positive in early hour; however, the index couldn’t sustain gains for long and witnessed profit-taking.