KSE – 100 is leaning towards the bulls during the first half of the day’s trading session. The market remains in a state of consolidation as investors have pushed the index up by merely 82 points, or by 0.19%.
During the few hours of trading so far, the index has advanced to an intraday high of 42,471 points and touched a low of 42,097 points, thus travelling a range of 374 points. The index is currently trading at 42,411 points. In sum, 58.2 million shares have been traded thus far by the companies listed at KSE – 100, at a value worth PKR 4 billion.
Among the KSE 100 companies, Fertilizer is taking the lead sector-wise, having contributed 75 points to the 100 index as of now. On the other hand, Commercial Banks have taken away about 54 points from the index and is coming out as the top net loosing sector.
The broader KSE All Share index is currently trading at 30,769 points, which is 53 points higher than yesterday’s closing value, an increase of about 0.18%. The total volume of trading, witnessed by the companies listed in the Karachi Stock Exchange up till now, has reached 106.7 million shares.
Among the constituents of the listed companies at KSE, Mahmood Textile Mills is at the top of the list of Net gainers on a rupee wise increase basis, having gained Rs.22.5 so far. Siemens Pakistan Limited remains close behind, having gained Rs.16.32 per share so far. Meanwhile, having lost Rs.409, Rafhan Maize Products Company Limited is turning out to be the worst performer at the moment.
Leading the volume at KSE, Engro Polymer and Chemical Limited has traded 14.5 million shares so far, while D.S Industries limited is close behind with 14.4 million shares traded.
