KSE-100 celebrates unmitigated triumph as market gears up by 0.37pc

October 30, 2018 (MLN): The KSE-100 celebrated its third day of incessant victory at the end of today’s trading activity. The index gained 155.27 points and closed in at 41,609 points, gearing up the market by 0.37 percent.

The major sectors contributing to the gains on the index are Commercial Banks and Cement sectors, as their collective share to the index amounts to 222 points.

Among the index heavy weights, HBL (+4.74%), HUBC (+2.85%), LUCK (+2.35%) and DGKC (+5%) drove most of the gains on the index.

The benchmark index remained confined between an intraday high of 41,792 and an intraday low of 41,366 points. A volume of approximately 219 million shares worth Rs. 10 billion were traded by 96 companies, out of which 45 companies reported an upswing, 50 experienced downswing and 1 remained unchanged with respect to share prices.

On the contrary, the broader KSE – All Share index landed in a state of consolidation as it shed 19.47 points and closed at 30,159 points. With an intraday high of 30,322 points and intraday low of 30,009 points, it moved within a range of 312 points.

Over 327 million Shares of the companies constituting the KSE All share were traded at a value of over Rs. 12 billion.

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Posted on: 2018-10-30T17:10:00+05:00