March 4, 2019 (MLN): The KSE-100 index continued to gain from subsided war euphoria and de-escalation of tensions between India and Pakistan following various ‘peace gestures’ exhibited by Prime Minister Imran Khan. The index remained volatile throughout the day and ultimately closed at 39,749 points after gaining 210 points.
Commercial Banks, Fertilizers and Oil & Gas Marketing Companies emerged as the key profit drivers, as they contributed around 171 points to the index. Moreover, the scrips of HBL (+1.84%), BOP (+7.82%), UBL (+1.61%), PSO (+2.41%) and EFERT (+1.51%) enjoyed the maximum gains.
The index observed trading of 141 million shares of the listed scrips, having a total value of Rs. 4.9 billion. Within a range of 342 points, the index touched an intra-day high of 39,841 points and an intra-day low of 39,499 points.
The broader KSE All Share index also celebrated its fourth day in the green region as it gained around 129 points and closed at 28,981 points. It traded nearly 168 million shares, having a value of Rs 5.8 billion.
Out of 313 companies, share prices of 181 companies registered an increase whereas share prices of 107 companies observed a decrease. The share prices of remaining 25 companies remained unchanged.
