PSX closes at 41,049, gains only 18.45 points

PSX closes at 41,049, gains only 18.45 points
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Summary Amongst the index heavy-weights HBL, OGDC and PPL cumulatively contributed 46 points.

KARACHI (Dunya News) - The 100-index of Pakistan Stock Exchange (PSX) moved in an undecided direction, oscillating in a band of 260 points to finally close marginally above yesterday’s level at 41,049 points.

Amongst the index heavy-weights HBL, OGDC and PPL cumulatively contributed 46 points in today’s advancement while the banking giants MCB and UBL witnessed profit-taking and cumulatively shed 49 points.

High international crude prices continue to keep the E&P sector in the green zone while rest of the market experienced mixed trading as political uncertainty continues to unnerve the market participants.


(Story by Haris Zamir)