Another dull day at trading floors, index closes week in consolidation

February 15, 2019 (MLN): The last trading session of this week marked the benchmark index’s third consecutive day in consolidation as it lost 20 points by day end and closed the session at 40,486 points.

The first half of the day at trading floors was comparatively active when the index climbed to an overall high of 40,646 points, but during the latter part of the day, it slipped down a steep slope to an intraday low of 40,361 points.

A total of 46.6 million shares were traded today at Rs.3.6 billion. Commercial Banks emerged as the best performing sector while Fertilizer and Oil & Gas Marketing Companies performed the worst today.

On the other hand, the broader KSE All Share Index gained merely 6 points and closed the week at 29,331.

The intraday high at the broader KSE index was 29,407 points while intraday low was 29,257 points, as the index travelled within an unusually narrow range of 150 points, and marking dull activity through the day.

Copyright Mettis Link News

Posted on: 2019-02-15T17:24:00+05:00