By BR Web Desk Wall Street
After declining in the previous session, positive sentiments returned to the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index gaining over 1,100 points during the opening hours of trading on Tuesday.
At 11:05am, the benchmark KSE-100 was hovering at 139,377.30 level, an increase of 1,159.72 points or 0.84%.
Buying was observed in key sectors including commercial banks, cement, oil and gas exploration companies, OMCs, power generation and refinery. Index-heavy stocks including MARI, OGDC, PPL, POL, PSO, SNGPL, HUBCO, MCB and MEBL traded in the green.
On Monday, PSX opened the new week on a volatile note. The downturn was largely attributed to investor profit-taking ahead of July鈥檚 end and cautious sentiment following a record-breaking run.
The benchmark KSE-100 Index declined by 379.78 points, or 0.27%, to close at 138,217.58 points.
Internationally, Asian share markets held their ground near a four-year peak on Tuesday, buoyed by Wall Street鈥檚 closing record high ahead of a slate of c