Daily The Business

PSX breaks losing streak, closes 406 points higher

By Our Staff Correspondent

KARACHI: Putting an end to its losing streak, the Pakistan Stock Exchange (PSX) ended Wednesday’s with decent gains. Foreign investors, on the other hand, ended as net sellers in the preceding session (Tuesday) with a net outflow of $2.17 million. After gaining 558.82 points, the KSE-100 index jumped to its intraday high of 34,443.91 in the afternoon session. It closed higher by 406.56 points at 34,291.65. The KMI 30 index appreciated by 1,454.88 points or +2.75pc to end at 54,292.67, while the KSE All Share index gathered 275.76 points, settling at 25,285.40. Out of 303 traded scripts, 201 advanced, 91 declined while the value of 11 remained changed.

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