PSX closes flat for 2nd consecutive day

PSX closes flat for 2nd consecutive day

Karachi (Staff report): The Pakistan Stock Exchange on Wednesday ended nearly flat for the second consecutive day as the benchmark KSE-100 index surges by only 18 points, or 0.04 per cent to reach 50,163 points.

The index tested the day's high at 50,349 points soon after trading opened. The day's low of 49,969 came towards market close.

A total of 59.7 million shares of KSE-100 index companies changed hands in the session, with a total worth of nearly Rs 7.6 billion.

Stocks of 373 companies were traded, of which 189 gained in value, 166 declined and 18 remained unchanged.