The Pakistan Stock Exchange (PSX) managed to close in the green on Tuesday after see-sawing over the course of the day, with the benchmark KSE-100 Index gaining 232 points to close at 40,459.
The market had opened higher, but fell mid-session to touch a day’s low of 40,272 before climbing back again to touch a high of 40,604 shortly before the session’s close.
Volumes picked up from Monday but still remained on the lower side, with 102 million shares worth Rs5.2 billion traded in the day.
Only 314 scrips were traded in the session, of which, 145 advanced, 148 declined and 21 remained unchanged.
The textile spinning sector dominated trading with 15.8m shares traded. Brokers were net sellers of Rs309m, while mutual funds continued to trim their portfolios.
Volumes were led by:
Unity Foods(R): 13.0m shares traded [+26.60pc]
TRG Pak Ltd: 7.3m shares traded [+1.84pc]
Pak Elektron: 4.9m shares traded [+2.50pc]
Dewan Motors: shares traded [-3.40pc]
Dost Steels Ltd: 39.m shares traded [-1.27pc]