KSE-100 index gains 94 points

KSE-100 index gains 94 points

Karachi (Staff Report): Pakistan Stock Exchange (PSX) showed positive trend on three consecutive days as the benchmark KSE-100 index closed 94 points higher on Wednesday, marking a gain of 0.22per cent.

The index hovered above the 43,300-mark over the day, hitting a day's low of 43,146 and a high of 43,436 to close at 43,347 amid high volumes.

About 223 million stocks worth Rs12 billion were traded on the exchange, as 194 of the 372 traded symbols advanced. On the other hand,159 symbols retreated and 19 remained unchanged.

The technology and communication sector led the day's trading by a margin with 53.9m shares traded, while engineering and commercial banks followed with 26.2m and 20.1m shares traded respectively.