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	174,429.93 266.16M	-0.97% -1703.64
ALLSHR	105,686.64 690.97M	-0.83% -882.18
KSE30	52,098.85 92.59M	-1.07% -565.05
KMI30	245,280.51 99.76M	-1.03% -2557.91
KMIALLSHR	67,681.60 339.32M	-0.84% -574.20
BKTi	49,745.96 31.42M	-0.99% -497.94
OGTi	34,431.76 6.26M	-0.55% -190.66

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	66,055.00	66,165.00 65,980.00	45.00 0.07%
BRENT CRUDE	95.50	95.63 91.31	4.49 4.93%
RICHARDS BAY COAL MONTHLY	105.75	0.00 0.00	-1.25 -1.17%
ROTTERDAM COAL MONTHLY	119.65	0.00 0.00	-0.45 -0.37%
USD RBD PALM OLEIN	1,135.00	1,135.00 1,135.00	0.00 0.00%
CRUDE OIL - WTI	88.31	88.36 87.32	1.48 1.70%
SUGAR #11 WORLD	14.75	14.94 14.67	-0.13 -0.87%