KSE – 100 Index up 504.74 points

Index remained bullish throughout the day as it gained more than 500 points by the day end. The index opened the session on a bullish note amidst the rising global prices, contributions mainly by and Energy and Petroleum Stocks.

Ghandhara Nissan Limited lost more than 4.2 percent on the index after the right shares announcement. PPL +0.9 percent also announced results during the day with profit after tax clocking in at Rs. 33 billion in line with market expectations.

Volume traded at KSE – 100 index increased by 36.71 percent during the session after total volume clocked in at 84.432 million versus 61.758 million yesterday.

Commercial Banks, Oil & Gas Exploration Companies, and Oil & Gas Marketing Companies scrips during today’s session were at the top after collectively adding more than 288.5 points.

Sector-wise all share index top ten sector turnover was led by Chemical (23.438 million), Cement (18.316 million), and Food & Personal Care (15.337 million) with Power Generation & Distribution (6.033 million) and Glass & Ceramics (5.456 million) stocks trailing at the bottom.

KSE - 100 Index at the day end moved a total of 504.74 points up 1.11 percent, closing in at 45876.70 points with index high – low range of 45911.61 – 45371.96.

KSE – All Share Index Volume was at 153.867 million shares, the value of shares traded for all-shares index reached PKR 9.239 billion.

KSE 100 Chart, Mettis Global

The index moved in the range of 539.65 points.

75 companies closed up, whereas 17 were down at the day end.