Business

PSX records mixed trading day with 111-point gain

Karachi: Pakistan Stock Exchange index psx 100 shaded slightly during the trading day yet still managed to finish 111 points up to 117,119. Eventually the trading day saw the index moving in a 1,510-point range with an intraday high at 11,837 points.

Overall, 1.3 billion shares were traded across the counter on the bourses of the country, and the total turnover recorded reached Rs 46.5 billion. Market capitalization, however, declined by Rs. 32 billion to stand at Rs. 14,637 billion even as the index went up.

Experts pointed out that yesterday’s trading was characterized by careful investors’ approaches with selective purchases of specific strong performers under changing domestic and global market conditions.

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