KARACHI: Pakistan stocks ended in green on Friday amid lackluster trading session observed during the day.
The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) ended at 41,119 points from previous day’s closing of 41,079 points, showing a gain of 40 points.
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Analysts at Arif Habib Limited said that the PSX concluded the week with a mixed session.
The benchmark KSE-100 Index traded in a narrow range in both session as investor involvement remain sluggish as they remained cautions while waiting from IMF board for the release of 9th tranche of the IMF Extended Fund Facility. Volume remained dry across the board.
READ MORE: Stocks gain 177 points in lackluster trading
Sectors contributing to the performance include Technology & Communication (+34.8 points), Fertilizer (+28.2 points), Commercial Banks (+16.8 points), Textile Composite (+7.0 points), and Pharmaceuticals (+6.7 points).
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Volumes decreased from 141.9 million shares to 110.4 million shares (-22.2 per cent DoD). The average traded value also decreased by 36.7 per cent to USD 17.8 million as against USD 28.1 million.
Stocks that contributed significantly to the volumes are WTL, BOP, BIPL, OGDC & TRG.
READ MORE: Pakistan stocks shed 25 points in mixed trading session
