PSX starts week with bullish trend, KSE-100 gains 297 points

PSX starts week with bullish trend, KSE-100 gains 297 points

Karachi (Staff Report): The Pakistan Stock Exchange started the week with bullish trend as the benchmark KSE-100 index gaining 297 points, or 0.61pc, to close of the trading session at 48,706 points.

Volumes were considerably lower than usual, with commercial banking, engineering, and power generation and distribution stocks attracting investor interest.

Stocks of 374 companies were traded, of which 213 gained in value, 147 declined and 14 remained unchanged.

A total of 55.8 million shares had changed hands by the end of the session, with a total worth of nearly Rs 4.01 billion.