KSE-100 index gains 288 points

KSE-100 index gains 288 points

Karachi (Staff Report): Pakistan Stock Exchange (PSX) on Wednesday recovered slightly after Tuesday's bloodbath as the benchmark KSE-100 index gained 288 points, or 0.65 per cent, to close at 44,187 points.

Nearly 87 million shares worth Rs 7.9 billion were traded during the day.

The textile sector dominated the day's trading with 22.5m shares traded, while engineering and cement followed with 20.77m and 18.75m shares traded respectively.

Stocks of a total of 357 companies were traded in the day, of which 193 advanced, 149 declined and 15 remained unchanged.