Bulls continue to dominate as the 100 index rises by 387 points in first half

KSE 100 index, during the first half of the trading session, is up another 387 points, or 0.92% from yesterday’s closing. The market has been rising for two consecutive sessions, and by the looks of it, this might just count as the third in the row.

The 100 index is trading at 42,476 points, maintaining its position above the 42,000 mark that it climbed to during yesterday’s session. Volume traded in the companies constituting the 100 index has reached about 79.8 million shares so far, while volume in the broader KSE All Share Index stands at 150.7 million shares as of now.

So far, Commercial Banks, Cement and Engineering sectors are leading the gains on the index, while investment banking companies are coming off as the worst performing sector on the index so far.

Lucky Cement Limited (LUCK) has the largest gain on the 100 index so far, of Rs. 14.52 as of now.

KSE All Share Index is at 30,597 points at the moment, up 220 points, or 0.73% with a volume of 150.7 million in the first half. GlaxoSmithKline Consumer Healthcare Pakistan Limited (GSKCH) has the largest gain on KSE so far, of about Rs. 19.33 while Murree Brewery Company Limited (MUREB) is the worst performing, in rupee terms, so far, down Rs. 18.50.

Volume in KSE is being led by PIAA with 11 million shares traded so far.

A total of 191 companies have advanced on KSE, 45 companies have declined, while 19 companies remain unchanged from their closing values the day before.