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	145,647.14 326.59M	0.39% 558.64
ALLSHR	89,906.36 711.08M	0.30% 273.19
KSE30	44,758.03 152.88M	0.10% 45.48
KMI30	207,962.44 186.56M	0.62% 1280.28
KMIALLSHR	60,208.68 392.04M	0.37% 220.41
BKTi	40,094.25 34.83M	0.19% 77.29
OGTi	30,683.06 51.12M	2.22% 665.91

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	117,260.00	117,410.00 114,685.00	1430.00 1.23%
BRENT CRUDE	66.49	67.68 66.44	-0.40 -0.60%
RICHARDS BAY COAL MONTHLY	96.50	0.00 0.00	2.20 2.33%
ROTTERDAM COAL MONTHLY	104.50	104.50 104.50	-0.30 -0.29%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	63.93	65.11 63.85	-0.42 -0.65%
SUGAR #11 WORLD	16.03	16.27 15.97	0.02 0.12%