February 15, 2021 (MLN): The KSE-100 index has gained around 500 points so far and is currently trading at 46,298 points, i.e. up by 1.07% as compared to the close of previous session.

The rally is being led by the Cement Sector, which has so far contributed around 116 points to the benchmark index, followed by Oil and Gas Exploration Companies, which has contributed about 93 points.

The momentum in E&P sector is being driven by the US oil prices, which rallied past $60 a barrel on Monday for the first time in more than a year, fuelled by concerns about supplies as Texas is hit by a severe cold snap that traders warn could slash output.

As of now, the scrips of DGKC, LUCK, OGDC, SYS and DAWH have gained the maximum points.

Similarly, the KSE-All Share Index is up by 312 points and is currently trading at 31,866 points, i.e. 0.99% higher than the previous session’s close.

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