Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

MPS Preview: High for Longer

Benchmark index remains dull ahead of monetary policy announcement

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January 30, 2019 (MLN): The trading activity remained dull ahead of monetary policy announcement as benchmark index lost merely 17 points by the end of today’s session, and closed at 40,607 points.

Sectors including Fertilizer (-24pts) and Cement (-12pts) endured the maximum losses, whereas the Food sector (22pts) remained within the safe zone.

Within a range of 246 points, the index touched an intraday high of 40,776 points and an intraday low of 40,530 points. Nearly 53 million shares were traded today for the scrips listed on the benchmark index with their total value recorded at Rs 3.6 billion.

On the contrary, the KSE All Share index gained around 29 points by the day end and closed at 29,631 points. It traded nearly 125 million shares today, having a value at Rs 4.9 billion.

Travelling within a range of 195 points, the All Share index moved back and forth between an intraday high of 29,748 points and an intraday low of 29,552 points.  

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Posted on: 2019-01-30T17:13:00+05:00

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