Karachi: Pakistan Stock Exchange’s benchmark KSE-100 closed range-bound session on positive note as late-session buying helped index settle with gain of 90 points.

During first half of session, selling pressure continued as KSE-100 hit an intra-day low of 66,573.63. However, some buying in second half aided index gain ground and close in green. At close, benchmark index settled at 66,886.26, up by 89.94 points or 0.13 percent. Volume on all-share index marginally increased to 239.65 million from 239.83 million session ago.

Value of shares decline to Rs 8.9 billion from Rs 8.4 billion in previous session. WorldCall Telecom was volume leader with 32.34 million shares followed by P.T.C.L with 27.13 million shares and Pak Reinsurance with 13.12 million shares.

Shares of 342 companies were traded, of which 160 registered an increase, 153 recorded fall while 29 remained unchanged.

Country’s textile exports showed marginal growth in March, clocking in at $ 1.3 billion compared to $ 1.26 billion recorded in same month of previous year, a year-on-year increase of 3 percent, showed provisional data released by All Pakistan Textile Mills Association on Tuesday.

Published in The Daily National Courier, April, 03 2024

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