Benchmark KSE-100 Index up by 60.87 points at the End of the day

During the day, Benchmark KSE-100 index observed a positive session in the market, but trading volume dropped down by 6.31 million shares during the current trading session. In the previous session, market closed at 44,795.00 level with a volume of 74.284mn shares.

Bench mark KSE-100 index opened positively at 43,877.06, posted a day high of 44,139.12 and a day low of 43,735.44. The session closed at 43,855.78 with a net positive change of 60.78 points and a net trading volume of 74.284 million shares. Daily trading volume of KSE 100 dropped down by 6.31 million shares or 7.82% on DoD basis.

Some major sectors that acted as a leader and pushes the index in the bullish zone are Cement Sector, Oil and Gas Marketing Sector, Oil and Gas Exploration Sector. Commercial Banking Sector and Tobacco Sector were negative by 48.35 and 12.77 points respectively.

The two major bears, which pulled the index down are Commercial Banks and tobacco Sector. Commercial Banks negatively contributed 48.35 points, whereas Fertilizer Sector negatively contributed 12.77 points.

Top Sectors That are Leaders/Laggards

Tobacco Sector was down due to the news, The Auditor General of Pakistan (AGP) has initiated a special audit of multinational cigarette manufacturing companies following detection of billions of rupees worth of revenue loss.

The laggards for the day was Pakistan Tobacco (PAKT) (down by 2.50% and contributed -12.77 points), National Foods (NATF) (down by 4.26% and contributed -7.93 points) and Mari Petroleum Limited (MARI) (down by 1.10% and contributed -7.92 points)

The leaders for the day was SNGP (up by 3.84% and contributed 22.59 points), Maple leaf (MLCF) (up by 4.99% and contributed 17.30 points) and DGKC (up by 2.32% and contributed 14.19 points).

Top Scripts that are Leaders/Laggards