Bulls toss stocks above 95,000 in intraday trade

Bulls maintained their control over the trade floor as shares at the Pakistan Stock Exchange(PSX) surged more than 800 points on Tuesday in intraday trade.

The benchmark KSE-100 index climbed 812.70 points, or 0.86 per cent, to stand at 95,808.37 points from the previous close of 94,995.67 points at 11:08am.

Sana Tawfik, head of research at Arif Habib Limited, said that the positive momentum was continuing due to improving macro economic indicators and improved liquidity.

“Although there are risks on the political front...