Opening Bell: KSE-100 gains over 590 points

MG News | August 10, 2022 at 10:14 AM GMT+05:00

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August 10, 2022 (MLN): Continuing its bullish momentum, the benchmark KSE-100 index gained 590.81 points in early trade at around 10:14 am on Wednesday as the index is currently trading at 42,678.05.

Positive triggers such as the United Arab Emirates (UAE)'s intention to invest $1 billion in Pakistani companies across various sectors, Finance Minister's recent statement wherein he mentioned that Pakistan has averted a Sri Lanka-like situation, and PKR rally have boosted investors' confidence across the trading floor.

So far, oil & gas exploration companies, commercial banks, fertilizers, and chemical sectors witnessed higher buying activity with a gain of 144.19, 143.40, 83.75, and 43.09 points, respectively.

Scrip-wise, PPL, ENGRO, OGDC, HBL, and LOTCHEM have gained maximum points.

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Name	Price/Vol	%Chg/NChg
KSE100	148,617.78 624.60M	0.86% 1274.27
ALLSHR	91,685.08 1,340.28M	0.74% 669.39
KSE30	45,247.79 197.43M	0.83% 370.74
KMI30	212,370.79 224.51M	1.05% 2209.48
KMIALLSHR	61,227.89 711.87M	1.18% 715.56
BKTi	41,264.02 160.39M	0.54% 221.73
OGTi	30,019.10 23.63M	0.64% 190.41

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	108,265.00	113,390.00 108,020.00	-4475.00 -3.97%
BRENT CRUDE	67.46	67.94 67.29	-0.52 -0.76%
RICHARDS BAY COAL MONTHLY	88.70	88.70 88.70	-0.75 -0.84%
ROTTERDAM COAL MONTHLY	96.15	96.75 96.00	-0.40 -0.41%
USD RBD PALM OLEIN	1,106.50	1,106.50 1,106.50	0.00 0.00%
CRUDE OIL - WTI	64.01	64.55 63.88	-0.59 -0.91%
SUGAR #11 WORLD	16.34	16.52 16.33	-0.14 -0.85%