Happy New Year: KSE-100 surges over 1,500pts

News Image

By MG News | January 01, 2024 at 10:03 AM GMT+05:00

0:00

January 01, 2024 (MLN): The Pakistan Stock Market makes an impressive start to the year 2024, with its key benchmark KSE-100 index surging by 1,554.63 points or 2.49% to trade at 63,839.67 [10:03am PST].

This comes after the index posted a gain of 54.5% in 2023, the highest yearly return since 2009.

The benchmark index closed 2023 at 62,451 gaining 21,632 points, and emerged as the fourth best-performing stock market for the year.

Moreover, in USD terms, the index recorded a gain of 24%.

In today's session, KSE-100 index is being supported by Oil & Gas Exploration Companies with 398.36, Commercial Banks with 395.29, Fertilizer with 130.32, Oil & Gas Marketing Companies with 109.21, and Power Generation & Distribution with 109.02 points.

Companies adding points to the index are PPL with 172.23, OGDC with 162.5, HUBC with 84.59, UBL with 82.81, and MCB with 77.46 points.

In the broader market, the All-Share index is trading at 42,803.03 with a net gain of 886.75 points.

Company Volume

Top Ten by Volume

KEL 15,998,885
OGDC 9,680,519
PPL 6,964,352
CNERGY 4,726,525
PRL 4,636,520
WTL 4,478,592
PAEL 4,059,222
FFL 3,166,088
HASCOL 2,679,000
SNGP 2,582,369

To note, the KSE-100 has gained 22,553 points or 54.41% during the fiscal year.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 133,403.19
324.46M
0.02%
33.04
ALLSHR 83,188.05
1,204.34M
0.13%
106.90
KSE30 40,651.46
104.88M
-0.13%
-53.85
KMI30 192,083.92
123.92M
-0.26%
-496.76
KMIALLSHR 55,847.70
679.22M
0.02%
11.98
BKTi 36,422.88
17.65M
0.29%
105.71
OGTi 28,437.61
10.77M
-0.37%
-105.35
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 109,030.00 109,105.00
107,680.00
575.00
0.53%
BRENT CRUDE 69.46 69.61
69.03
-0.12
-0.17%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
2.05
2.15%
ROTTERDAM COAL MONTHLY 106.00 0.00
0.00
-0.15
-0.14%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 67.67 67.97
67.33
-0.26
-0.38%
SUGAR #11 WORLD 16.29 16.37
16.16
0.01
0.06%

Chart of the Day


Latest News
July 08, 2025 at 03:40 PM GMT+05:00

Askari Bank gets SBP Nod for Rs6bn TFC buyback


July 08, 2025 at 03:39 PM GMT+05:00

KSE-100 to reach 168k by FY26


July 08, 2025 at 03:16 PM GMT+05:00

PKR decreases by 14 paisa against USD


July 08, 2025 at 02:54 PM GMT+05:00

SECP achieves record reforms in FY25



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg