Capital markets void of volume on third day of Eid

The benchmark KSE - 100 index opened the second and the last trading session of the week 20 points over the last closing but failed to sustain that trajectory as the index lost those minute gains shortly after.

The 100-index is currently demonstrating a state of consolidation as trading activity remains minimal while the index trades at 42,391 points, down by almost 34 points from the previous session's closing.

As of now, within the KSE – 100 index, trading activity of merely 15.8 million shares has been recorded at a value of PKR 1 billion.

So far, the index has climbed to an intraday high of42,458 points and dropped to an intraday low of 42,280 points, thus travelling within a range of 178 points.

Sector-wise, the biggest contributors to the 100 index are the Oil & Gas Exploration Companies, followed by Fertilizer companies, while the worst performing sectors with respect to the index, are Oil & Gas Marketing Companies, followed by Cement and Commercial Banking companies.

KSE All Share Index too has dropped 11 points and is presently trading at 30,753 points.

The broader KSE All Share Index has touched an intraday high of 30,787 points and an intraday low of 30,697 points, so far.

The volume of shares traded within KSE by now has reached 53.2 million at a value of PKR 1.7 billion.

Bata Pakistan Limited (BATA) is leading the gains on a rupee basis within KSE, having gained Rs.13 or 0.69% of its stock value, and currently trading at Rs.1909.98.

On the other hand, Shezan International Limited has lost the most on its stock price, which has decreased by Rs.29 or 4.39%, currently trading at Rs 631.