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Capital markets enroute recovery

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With respect to previous trading sessions, the benchmark KSE 100 is in an aberration as it has picked up pace during the initial hours of trading. Having gained 385.47 points so far, the 100-index is currently trading at 40,906.67

Intraday high for the initial few hours of the day has been recorded at 40,912 points while intraday low sunk to 40,339 points, as the index travels within a range of 573 points.

So far, the companies listed within KSE – 100 have observed a trading activity of 40.6 million shares at a value of PKR 2 billion.

Sector-wise, Commercial Banks are the most generous contributors to the KSE – 100 index, having contributed 95 points to it by now.

Among the index heavy weights, MCB (1.42%), OGDC (1.18%), LUCK (1.59%) and UBL (1.3%), are driving the gains on the index so far.

The broader KSE – All Share on the other hand has gained 206.9 points and is currently trading at 29,863 points, with an intraday high of 29883 points and intraday low of 29557 points. The index is moving within a range of 325 points.

62 million Shares of the companies constituting the KSE All Share, have been traded so far, at a value of over PKR 2.6 billion.

 

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Posted on: 2018-09-13T11:40:00+05:00

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