Closing Bell: one steady step at a time

May 21, 2019 (MLN): The domestic equity markets made it through another day in green territory as the market participants channeled positive sentiments after prolonged losses at the trading floors these past few days.

The benchmark KSE – 100 index gained 191 points in today’s trading session and concluded the day at 33,442 points, which is 0.58% higher than yesterday’s closing value.

Within the index, shares of 93 companies were traded today, 53 out of which recorded an increase in their share prices.

Today’s victory at the floors is mainly attributed to the Oil & Gas Exploration Companies which singularly contributed 149 points to the index.

In particular, gains on the scrips of OGDC (4.38%) and POL (4.96%) drove the index upwards.

A total of 127.6 million shares were traded in today’s session, at PKR 4.9 billion.

On the other hand, the KSE All Share Index gained 145 points in today’s session, thus closing the day at 24,817 points.

Within the broader KSE index, 153.5 million shares were traded at PKR 5.3 billion.

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