KSE-100 closes in green.

Byline: Zubair Yaqoob

Karachi -- The benchmark KSE-100 index of Pakistan Stock Exchange (PSE) surged 269 points or (0.67%) on Tuesday. Market made an upward move with an oscillation of ~370pts (+311pts and -58pts).

Profit booking by institutional investors during the past couple of sessions kept the retail investors on edge and selling pressure was witnessed in blue chip scrips other than Cement Sector.

Overall, the volumes were led by Textile (ANL), followed by Cement Sector (courtesy of DGKC, MLCF, FCCL, LUCK to name few). Cement was the only notable sector other than that Banks, Autos and OMCs traded mostly in red. E and P sector reversed losses incurred in the past sessions.

The Index closed at 40,596pts as against 40,326pts showing an increase of 270pts (+0.7% DoD).

Sectors contributing to the performance include Cement (+112pts), E and P (+108pts), Fertilizer (+58pts), Power (+32pts), Technology...