In a positive economic indicator, Pakistan Stock Exchange registers big gains

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In a positive economic indicator, Pakistan Stock Exchange registers big gains

KARACHI: *In a positive economic indicator, Pakistan Stock Exchange registers big gains.*

Bulls of the Pakistan Stock Exchange (PSX) remained dominant on the first trading session of the week, as the indices moved north right from the word go, helping the index cross 35,000-mark for the first time in four months.

Foreign investors closed the previous week (Oct 28–Nov 1) as net sellers, offloading equities worth $3.13 million.

According to media reports, cement sector has witnessed a growth of 9.19pc in sales during October 2019. Despatches stood at 4.98 million tonnes as compared to 4.56 million tonnes in Oct 2018. Local sales appreciated by 7pc, while exports surged by 28pc.