KSE-100 Index surges despite chaos as investors hunt for value
MG News | March 02, 2023 at 01:03 PM GMT+05:00
March 02, 2023 (MLN): Despite the political upheaval, rising economic uncertainty, default noise, and delay in the IMF tranche, the KSE-100 Index has so far gained 263.12 points [1:03 PST] as the index is currently trading at 40,675.89- mark.
The investors opted for value hunting since the majority of the blue chips are available at attractive prices.
Sector-wise, oil & gas exploration companies, commercial banks, fertilizer, and power generation have witnessed higher buying activity as they have gained around 117, 111, 52, and 35 points, respectively.
Company-wise, the scrips of MARI, POL, LCI, ABOT, and ENGRO have enjoyed the maximum gain.

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| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 161,805.02 195.97M | -2.29% -3791.05 |
| ALLSHR | 97,831.99 495.75M | -2.19% -2185.72 |
| KSE30 | 48,340.67 77.02M | -2.27% -1124.26 |
| KMI30 | 232,680.60 78.39M | -2.62% -6271.80 |
| KMIALLSHR | 63,675.05 227.49M | -2.51% -1639.11 |
| BKTi | 43,875.66 32.84M | -2.04% -913.32 |
| OGTi | 33,979.39 8.60M | -3.21% -1127.70 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 76,910.00 | 78,495.00 76,020.00 | -2300.00 -2.90% |
| BRENT CRUDE | 109.58 | 112.72 106.87 | 0.32 0.29% |
| RICHARDS BAY COAL MONTHLY | 110.00 | 0.00 0.00 | -7.25 -6.18% |
| ROTTERDAM COAL MONTHLY | 110.50 | 110.65 110.10 | 1.30 1.19% |
| USD RBD PALM OLEIN | 1,191.50 | 1,191.50 1,191.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 102.49 | 105.21 98.60 | 1.47 1.46% |
| SUGAR #11 WORLD | 14.71 | 14.95 14.57 | -0.09 -0.61% |
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