Bulls remain dominant as KSE – 100 beaks through 41,000 points mark

October 29, 2018 (MLN): Positive sentiments prevail amongst investors, as the bulls continue to steer the Pakistani stock market in a positive direction.

The benchmark KSE – 100 index has gained over 900 points in early trade, breaking through another touchstone of 41,000 points. The index is currently trading at 41,491 points (+2.31%).

Curbed within the range of 951 point, the index has touched an intraday high of 41,507 points and intraday low of 40,556 points, so far.

A total of 122 million shares of the scrips within the 100-index, have been traded as of now, at PKR 6 billion.

The heaviest influencers of the index today, include sectors such as Commercial Banks, Cement and Oil & Gas Marketing Companies. Collectively, these sectors have contributed over 450 points to the index by now.

In particular, the blue chips driving the benchmark index consist of HBL (+4.57%), LUCK (+5%), UBL (+4.14%), ENGRO (+2.73%) and MCB (+3.55%). 

Copyright Mettis Link News

Posted on: 2018-10-29T11:30:00+05:00

23943