Opening Bell: KSE-100 index up by 310 points

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MG News | November 10, 2022 at 10:08 AM GMT+05:00

November 10, 2022 (MLN): Continuing its bullish momentum, the benchmark KSE-100 index gained 310 points in early trade at around 10:06 am on Thursday as the index is currently trading at 42,575.69.

Positive triggers such as the Asian Infrastructure Investment Bank on Wednesday approved $500 million co-financing for Pakistan under Building Resilience with Active Countercyclical Expenditures program funded by Asian Development Bank, Finance Minister Ishaq Dar in a latest tweet mentioned that the government will speed up the Islamic Banking system in Pakistan and two banks SBP and NBP will withdraw the cases in Federal Shariah Court which boosted investors' confidence across the trading floor.

So far, commercial banks, technology, oil & gas exploration, and power gencos witnessed higher buying activity with a gain of 139.92, 115.43, 33.63, and 27.40 points, respectively.

Scrip-wise, ABOT, TRG, MTL, MARI, and SYS have gained maximum points.

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Name Price/Vol %Chg/NChg
KSE100 171,402.08
123.44M
0.15%
248.92
ALLSHR 103,762.74
640.45M
0.28%
285.71
KSE30 50,998.57
52.62M
0.19%
96.59
KMI30 244,665.18
69.20M
0.37%
899.52
KMIALLSHR 67,290.94
377.69M
0.30%
203.90
BKTi 47,479.22
9.62M
-0.28%
-135.50
OGTi 35,149.09
4.24M
0.85%
295.17
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 86,280.00 86,555.00
86,065.00
-10.00
-0.01%
BRENT CRUDE 98.55 102.30
97.36
-1.79
-1.78%
RICHARDS BAY COAL MONTHLY 130.00 0.00
0.00
6.90
5.61%
ROTTERDAM COAL MONTHLY 137.10 137.10
137.10
-0.20
-0.15%
USD RBD PALM OLEIN 1,228.00 1,228.00
1,228.00
0.00
0.00%
CRUDE OIL - WTI 89.67 90.00
89.62
-0.85
-0.94%
SUGAR #11 WORLD 18.57 18.58
18.02
0.18
0.98%

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