PSX: buying at bourse, KSE-100 up over 1,300 points

The KSE-100 stood at 167,869.45 by 9:30am on Tuesday, a rise of 1,305.39 points, or 0.78%, in early dealings, Business Recorder reported. The gain followed Monday’s close at 166,564.07, after the index added 154.81 points, equivalent to 0.09%.

The report said activity was stronger across several groups, including car makers, cement producers, banks, energy explorers, oil marketers and power generators. HUBCO, MARI, OGDC, PPL, POL, PSO, SSGC, HBL, MCB, MEBL and NBP were among the heavier-weight shares trading higher; the update also noted weaker Asian markets and a decline on Wall Street overnight.