KSE – 100 Index up 268 points

KSE -1 00 Index today remained bullish after losing more than 2000 points over the last four sessions. The index saw a significant recovery on the back of increased foreign buying in yesterday’s session.

The steel sector was mixed after the Government unveiled a draft policy for the steel sector with an aim to encourage investments.

Volume traded at KSE – 100 index decreased by 14.61 percent during the session after total volume clocked in at 90.880 million versus 106.435 million yesterday.

E&P, OMC, Commercial Banks and Tobacco Companies during today’s session was at the Lead today after collectively contributing more than 166 points.

Sector-wise all share index top sector turnover was led by Cement (44.062 million), Commercial Banks (33.139 million), and Technology and Communication (14.580 million).

KSE – 100 Index at the day end moved a total of 267.86 points up by 0.65 percent, closing in at 41,246.09 with index high – low range of 41,526.57 – 40,978.23

KSE – All Share Index Volume was at 179.173 million shares, the value of shares traded for all-shares index reached PKR 7.518 billion.

The index moved in the range of 548.34 points.

57 companies closed up, whereas 32 were down at the day end.