Pakistan Stock Exchange (PSX) registered 266 points jump on Friday as benchmark KSE-100 index settled at 170765 points, reported 24NewsHD TV Channel.
The KSE index traded in a range of 1,269.17 points showing an intraday high of 171,159.73 (+660.78) and a low of 169,890.56 points. Total Volume of the KSE100 Index was 212.459 million shares. Of the 100 index companies 57 closed up, 41 closed down while 2 remained unchanged.
The positive momentum was supported by softer oil prices, as investors weighed hopes for a potential US-Iran truce against renewed security concerns in the Middle East following Houthi attacks on Saudi Arabia.
KSE-100 index was supported by Commercial Banks with 161.84, Oil & Gas Marketing Companies with 55.64, Cement with 52.48, Leather & Tanneries with 18.62 and Oil & Gas Exploration Companies with 18.11 points.
Total market volume was 482.758 million shares compared to 759.974 million from the previous session with traded value being recorded at Rs.19.28 billion showing a decrease of Rs.8.26 billion. There was 291,830 trades reported in 493 companies with 219 closing up, 217 closing down and 57 remaining unchanged.