Today, the KSE-100 index showed a rebound as the market closed at 40,480, an increase of 1368 points from yesterday. During the day the index saw a high of 40,499.64 and low of 39,112.18.
Unity Foods was the volume leader with 42,547,000 shares gaining Rs 0.87 to a share value at close of Rs 24.14 followed by Power Cement Limited that gained Rs 0.93 and was traded at Rs 10.21 with 35,638,500 shares traded. Hascol Limited was third on the list with 29,480,569 shares traded at a price of Rs 14.83 rising by Rs1.03.
Whereas, oil prices also slipped on Tuesday as worries about soaring COVID-19 cases, rapidly rising Libyan supply and U.S election jitters outweighed growing hopes that major producers would hold back on planned production increases.
U.S. West Texas Intermediate (WTI) crude futures slipped 6 cents, or 0.2%, to $36.75 a barrel at 0159 GMT, while Brent crude futures fell 15 cents, or 0.4%, to $38.82.
On Monday, PSX plunged almost 775 points due to panic selling in all the sectors as well as the rise in Covid-19 cases in the country.