Closing Bell: Post budget positive impetus carries on

Jun 14, 2019 (MNL): The local equity market on Friday relished its fourth consecutive positive session. Post budget positive momentum continued to display upward trend in local equity market.

The Benchmark KSE100 index ended today's trading session with a 169.88 points or 0.48 percent gain to close at 35,572.95.

The Index traded in a range of 361.70 points or 1.02 percent of previous close, showing an intraday high of 35,657.34 and a low of 35,295.64.

Of the 93 traded companies in the KSE100 Index 46 closed up 43 closed down, while 4 remained unchanged. Total volume traded for the index was 129.02 million shares.

Sectors propping up the index were Cement with 89 points, Oil & Gas Exploration Companies with 50 points, Textile Composite with 33 points, Pharmaceuticals with 22 points and Food & Personal Care Products with 14 points.

The most points added to the index was by LUCK which contributed 42 points followed by OGDC with 23 points, BAHL with 22 points, NML with 17 points and SEARL with 16 points.

Sector wise, the index was let down by Fertilizer with 20 points, Power Generation & Distribution with 19 points, Engineering with 5 points, Transport with 5 points and Miscellaneous with 5 points.

The most points taken off the index was by EFERT which stripped the index of 14 points followed by UBL with 13 points, PSO with 11 points, ENGRO with 9 points and HBL with 9 points.

All Share Volume increased by 13.55 Million to 167.88 Million Shares. Market Cap increased by Rs.28.55 Billion.

Total companies traded were 338 compared to 339 from the previous session. Of the scrips traded 156 closed up, 160 closed down while 22 remained unchanged.

Total trades increased by 3,430 to 63,300.

Value Traded increased by 1.91 Billion to Rs.7.55 Billion

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