As the political temperatures seemed to cool down a bit yesteray, nervous investors took heart and resumed cherry picking to close the KSE-100 index with a gain of 73.83 points at 32,084.16.
The market opened with extended losses at intra-day low of 195 points, breaking the 32,000 points level, but with the improvement in sentiments, the institutional and individual investors returned lifting the index out of the red.
Volumes rose 49pc and traded value of shares by 63pc over the earlier day. Foreign portfolio outflow on Tuesday was in the sum of $6.99m.
Cement sector saw the highest volume of 67.7m shares followed by banking 67.5m shares and chemicals with volume of 21m shares. DGKC, MLCF and CHCC hit their ‘upper circuit’.
Banking stocks fell with BAFL, JSBL, SILK, ABL and NBP down 0.1pc, 1.27pc, 2.5pc, 2.4pc and 1.29pc, respectively. Chemical sector saw mixed trend with ENGRO, EFERT and FFBL up by 2.47pc, 1.55pc and 0.72pc, respectively, while FFC dropped by 0.68pc.
