KSE-100 gains over 570 points during intraday

MG News | October 13, 2023 at 02:41 PM GMT+05:00

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October 13, 2023 (MLN): Owing to the positive sentiments, the benchmark KSE-100 index gained over 570 points or 1.17% [02:41 pm] to trade at 49,353.07 during Friday's second session.

Sectors propping up the Index were Commercial Banks with 146 points, Oil and Gas Exploration Companies with 119, Automobile Assemblers with 54, and pharmaceuticals with 43 points.

The most points added to the Index were by INDU, MRPL, MARI, ABOT, MTL, and HINOON.

This notable surge in buying activity is attributed to the improving rupee's value against the US dollar and upcoming corporate earnings wherein the market expects decent profits.

Meanwhile, yesterday's announcement by PSMC has also played a due role in boosting the buyers' sentiments today.

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Name	Price/Vol	%Chg/NChg
KSE100	171,021.20 228.53M	-0.42% -718.25
ALLSHR	103,836.39 572.65M	-0.41% -422.85
KSE30	50,951.99 89.47M	-0.52% -264.77
KMI30	240,633.87 93.99M	-0.31% -756.80
KMIALLSHR	66,572.75 300.61M	-0.28% -185.59
BKTi	48,673.23 31.18M	-0.70% -343.86
OGTi	33,702.25 6.35M	-0.61% -205.57

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	65,025.00	65,570.00 63,875.00	810.00 1.26%
BRENT CRUDE	92.40	93.60 89.58	-4.38 -4.53%
RICHARDS BAY COAL MONTHLY	105.75	0.00 0.00	-1.55 -1.44%
ROTTERDAM COAL MONTHLY	121.10	0.00 0.00	0.85 0.71%
USD RBD PALM OLEIN	1,175.00	1,175.00 1,175.00	0.00 0.00%
CRUDE OIL - WTI	84.97	86.20 83.10	-4.34 -4.86%
SUGAR #11 WORLD	14.76	0.00 0.00	-0.01 -0.07%