PHOTO: FILEThe stock market staged a remarkable rally on Tuesday as it soared over 1,300 points on the back of encouraging inflation reading. Global oil prices recorded an uptick as well, which pushed domestic investors to invest in oil sector stocks. “After falling continuously for the past few sessions, the international oil prices recovered on Tuesday, helping the domestic oil sectors to attract substantial investment,” he said. Unity Foods was the volume leader with 42.9 million shares, gaining Rs0.87 to close at Rs24.14. It was followed by Power Cement with 35.7 million shares, gaining Rs0.93 to close at Rs10.21 and Hascol Petroleum with 29.5 million shares, gaining Rs1.01 to close at Rs14.83.

Source: The Express Tribune November 03, 2020 08:03 UTC