KSE – 100 index gains 181.13 points

Pakistan’s benchmark KSE – 100 index today closed the day in green yet again today continuing is positive streak. The index today reacted to the policy announcement by State Bank of Pakistan, with financials dragging the index down which was up in anticipation to the expected rate hike as expected by the market.

Cements, however, remained in the limelight today after it took the index up by a good 200 points during the day. MLCF +5.00%, CHCC +5.00%, DGKC +4.95%, FCCL +4.82% were all at upper lock.                 

Volume traded increased by 17.33 percent during the session after total volume clocked in at 128.089 million versus 109.071 million on Friday.

Cement, Automobile Assembler, Oil & Gas Exploration Companies, Engineering and Oil & Gas Marketing Companies closed the session at the top today after collectively adding more than 360 points.

Sector-wise all share index top ten sector turnover was led by Chemical (50.831 million), Cement (49.474 million), and Commercial Banks (28.124 million) with Cable & Electrical Goods (7.051 million) and Fertilizer (6.572 million) stocks trailing at the bottom.

KSE - 100 Index at the day end moved a total of 181.13 points up 0.40 percent, closing in at 45741.43 points with index high – low range of 45771.40 – 45413.69.

KSE – All Share Index Volume was at 262.353 million shares, the value of shares traded for all-shares index reached PKR 12.172 billion.

KSE 100 Chart, Mettis Global

The index moved in the range of 357.71 points.

55 companies closed up, whereas 38 were down at the day end.