Benchmark index breaks five-day long streak by landing in consolidation

January 25, 2019 (MLN): The KSE-100 index finally broke the five-day long streak by ending the week in consolidation, as it lost 24 points by the end of today’s trading session and closed at 40,264 points.

While Commercial Banks topped the gainers list by contributing 63 points to the index, E&P companies and Cement sectors emerged as the top losers as they collectively took 91 points from the index.

The scrips of OGDC (-0.91%), PPL (-0.6%), PSO (-1.48%) and INDU (-3.06%) endured the maximum losses, whereas the scrips of UBL (+3.19%), HBL (+0.86%) and FFBL (+4.41%) remained within the green zone by gaining maximum points.

Within a range of 214 points, the index touched an intraday high of 40,379 points and an intraday low of 40,165 points.

Nearly 116 million shares were traded today for the scrips listed on the benchmark index with their total value recorded at Rs.5.5 billion.

The broader KSE All Share index also landed in neutral zone by shedding around 86 points by the day end and closed at 29,367 points. It traded nearly 156 million shares today, having a value at Rs.6.4 billion.

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