KARACHI: The stock market gained 48 points on Thursday as range bound session was observed during the day.
The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 36,190 points as against previous day’s closing of 36,142 points, showing an increase of 48 points.
Analysts at Topline Securities said that range bound session was observed at the local bourse as the index juggled between positive and negative zone to close at that 36,190 level.
Major positive contribution came from LUCK, NBP and ENGRO as they cumulatively contributed 54 points to the index, whereas PPL, TRG and OGDC lost value to weigh down on the index by -34 points.
Traded volume and value for the day stood at 292 million shares and Rs.9.57 billion respectively.
UNITY was today`s volume leader with around 28 million shares.