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	138,597.36 256.32M	-0.05% -68.14
ALLSHR	85,286.16 608.38M	-0.48% -413.35
KSE30	42,340.81 77.13M	-0.03% -12.33
KMI30	193,554.51 76.19M	-0.83% -1627.52
KMIALLSHR	55,946.05 305.11M	-0.79% -443.10
BKTi	38,197.97 16.53M	-0.59% -225.01
OGTi	27,457.35 6.73M	-0.94% -260.91

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	117,670.00	121,165.00 117,035.00	-1620.00 -1.36%
BRENT CRUDE	69.23	70.77 69.14	-0.29 -0.42%
RICHARDS BAY COAL MONTHLY	96.50	0.00 0.00	2.20 2.33%
ROTTERDAM COAL MONTHLY	104.50	104.50 104.50	-0.30 -0.29%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	66.03	67.54 65.93	-0.20 -0.30%
SUGAR #11 WORLD	16.79	17.02 16.71	0.05 0.30%