Bulls once again showed their horns on the trade floor on Friday after a week of uncertainty. The Pakistan Stock Exchange KSE-100 traded in the green throughout the morning.
According to the PSX website, the benchmark index made gains of 599.06 points at 11am to reach 66,049.24 — up by 0.92 per cent from the previous close of 65,450.18 points.
This news comes in after trading in the shares of Treet Battery Ltd began today after the bifurcation of the battery division of First Treet Manufacturing Modaraba (FTMM) through a court-sanctioned scheme of arrangement.
Moreover, the Pakistan Telecommunication Company Ltd (PTCL) said it had signed a share purchase agreement with Telenor Pakistan to buy 100 per cent of its shares based on an enterprise value of Rs108 billion ($380 million).
More to follow
