PSX midday update

KARACHI: The benchmark KSE-100 index has been showing stability with mild fluctuations since the past week and opened the current trading week with a similar sentiment.

Monday morning saw the index stacking up 116 points before erosion later in the day. On Tuesday the KSE-100 index showed a dip an hour into trading, but then turned tide to post 205.57 points gain by midday.

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The index opened at 45,803.19 points on Tuesday, slipping down to 45,850.20 points around 10:00 a.m. and then recovering to hover around 46,008.76 points by noon.

Oil exploration and production companies were seen trading in green, including PRL, BIPL, OGDC and PPL, while the pharmaceutical SEARLR2 showed red on Tuesday noon.