Closing Bell: Teeter-Totter!

January 9, 2020 (MLN): The KSE-100 index gained around 1,165 points on Thursday following de-escalation of global political tensions, and closed the session at 42,523-level, marking a growth of 2.82% against yesterday’s closing.

The Index traded in a range of 1197.92 points or 2.90 percent of previous close, showing an intraday high of 42,555.48 and a low of 41,357.56.

Of the 92 traded companies in the KSE100 Index 83 closed up while 9 closed down. Total volume traded for the index was 249.49 million shares.

Sectors propping up the index were Commercial Banks with 335 points, Oil & Gas Exploration Companies with 135 points, Fertilizer with 129 points, Cement with 115 points and Power Generation & Distribution with 108 points.

The most points added to the index was by HBL which contributed 123 points followed by HUBC with 79 points, PPL with 74 points, LUCK with 62 points and ENGRO with 48 points.

All Share Volume increased by 82.42 Million to 362.49 Million Shares. Market Cap increased by Rs.173.56 Billion.

Total companies traded were 381 compared to 353 from the previous session. Of the scrips traded 325 closed up, 44 closed down while 12 remained unchanged.

Total trades increased by 4,748 to 95,262.

Value Traded increased by 2.07 Billion to Rs.13.77 Billion

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