PSX index gains 1374 points after week long losing streak

Monday 05 June 2017 3 weeks ago 51   Karachi   Print

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Report  Web desk : KARACHI: After week long losing streak, the Pakistan Stock Exchange on Monday started trading in the green and bullish trend is seen on the market. The benchmark KSE-100 index on Monday gained over 1300 points in morning trade and the index is trading at 49929 points level. The index has so far gained some 1374 points. On Friday, though the index had managed to close the session in the positive, but the rule of adjusted closing mechanism of last two hours average, led to a negative close by 225.51 points (-0.46pc) at 48,555.30. The decline on Friday took the aggregate five session loss of KSE-100 index to 4,082 points. (01)