PSX gains 389 points amidst restrained activity
The Pakistan Stock Exchange's benchmark KSE-100 Index gained 389 points, or 0.85 per cent, to close at 45,918 on Tuesday as investors built positions, albeit with marked restraint.
While only 79 million shares changed hands in the session, with a total worth of over Rs7.1 billion, it was nonetheless an improvement over the previous day, when 53m shares were traded.
Overall volumes also improved to 224m shares compared to the previous day's 106m. According to an analyst note from Topline Securities, 30pc of the volumes were dominated by activity in second tier scrips, which boosted the overall market.
The index recorded a day's low of 45,499 early in the day and continued on an upward trajectory throughout the session to hit 45,940 towards close.