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KSE-100 ends Tuesday in green, breaches 49,000 points

The Pakistan Stock Exchange ended Tuesday’s trading session on a positive note, with the benchmark KSE-100 index gaining 362 points, or 0.74 per cent, by the close of the trading session to reach 49,059.60.

The benchmark index crossed the 49,000 point barrier after a day of erratic trading, as volumes were led by engineering and power generation and distribution scrips.

Around 94 million shares had changed hands by the end of the session, with a total worth of nearly Rs7.22 billion.

The stocks of 385 companies were traded, of which 285 gained in value, 83 declined and 17 remained unchanged.

Volumes were led by:

K-Electric Ltd.: 36m shares traded [-1.99pc];

Aisha Steel Mill: 25.6m shares traded [+4.97pc];

Power Cement Ltd.: 10.6m shares traded [+5.26pc];

Pak Refinery: 10.3m shares traded [+3.32pc]; and,

Azgard Nine: 9.23m shares traded [+0.19].

Courtesy : Dawn News



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