100 Index bullish during the initial trading hours

During the initial hours of today’s session, KSE – 100 gained 460 points from the previous session to touch 40,924 points, an increase of 1.14%.

The Intraday high peaked at 41,006 points while the low has so far locked in at 40,463 points, letting the index stretch between a range of 542 points.

Within the 100 Index, 24.3 million shares have been traded, worth PKR 1.3 billion. On the other hand, number of shares traded at KSE All Share is 42.7 million so far, valued at PKR 1.7 billion. Volumes in both the indexes have already exceeded the volumes traded in yesterday’s session, around this time.

The best performing sectors at KSE – 100 are Commercial Banks, Cement, Fertilizer and Oil & Gas Exploration Companies.

At KSE All Share, Colgate-Palmolive Pakistan Limited with an increase of Rs.81, Pakistan Tobacco Company with an increase of Rs.55 and Wyeth Pakistan With an increase of Rs.50 are at the top in the list of net gainers. In contrast, the worst performer is Sapphire Textile Mills Limited, with a decrease of Rs.55.8.

TRG Pakistan Limited is leading the volume at KSE, having traded 3,295,500 shares so far.