Nevertheless, the mood remained slightly upbeat as investors followed developments in Washington pertaining to the finance minister’s visit and meetings with the International Monetary Fund (IMF). At the end of trading, the benchmark KSE 100-share Index recorded an increase of 166.21 points, or 0.45%, to settle at 37,504.08. Overall, trading volumes decreased to 172 million shares compared with Friday’s tally of 189.4 million. Pak Elektron was the volume leader with 18.2 million shares, gaining Rs1.09 to close at Rs22.98. It was followed by K-Electric with 13.99 million shares, losing Rs0.13 to close at Rs5.10 and The Bank of Punjab (XD) with 12.9 million shares, gaining Rs0.17 to close at Rs13.78.

Source: The Express Tribune April 16, 2019 05:47 UTC