February 20, 2019 (MLN): Having re-entered the stock market after a loss of 262 points in yesterday’s session, the bulls dominated the trade in today’s session. The benchmark index gained 322 points and successfully pushed the index above the 40,000 points yardstick, and closed in at 40,279 points amid positive sentiments amongst investors.
Major sectors comprising of Commercial Banks, Oil & gas Exploration Companies and Fertilizer benefitted the most as their combined contribution to the index amounted to 330 points. The scrips of UBL (+4.88%), OGDC (+1.92%), ENGRO (+1.83%), HBL (+1.36%) and POL (+1.98%) earned the maximum gains.
Bounded within the range of 641 points, the index touched an intraday high of 40,330 points and an intraday low of 39,688 points.
Nearly 89.4 million shares were traded today for the scrips listed on the benchmark index with their total value recorded at Rs.5.7 billion.
Correspondingly, the broader KSE All Share index gained around 146 points by the day end and closed at 29,103 points.
An intraday high of 29,139 points and an intraday low of 28,798 points was recorded by the day end for the all share index with a range of 340 points.
Over 132 million shares of the scrips listed within the broader KSE All Share Index have been traded so far, with its value recorded at Rs.6.6 billion.
Total 301 companies’ transacted shares in the Stock Market today, out of which 127 recorded gains and 143 sustained losses whereas the share price of 31 companies remained unchanged.
