KSE-100 reverts beyond 37,000 mark after gaining 208 pts

April 9, 2019 (MLN): Subsequent to a massive chaos witnessed at the trading floors on Monday, the KSE-100 index marked a major U-turn from its otherwise unyielding performance and swiftly crossed the 37,000 mark to land at 37,129 points. By the end of the session, the index was up by 208 points i.e. 0.56%.

The benchmark index was mainly driven by Power Generation and E&P companies, which helped in lifting the index by 97 points. The major scrips that contributed in the index’s performance were HUBC (+3.59%), PPL (+0.85%), ENGRO (+0.89%), UBL (+1.07%) and PSO (+1.64%).

Moreover, the index observed trading of 108 million shares of the listed scrips, having a total value of Rs. 5.2 billion. Within a range of 677 points, the index touched an intraday high of 37,270 points and an intraday low of 36,593 points. 

The broader KSE All Share index followed the benchmark index in the same direction, as it gained around 126 points and closed at 27,237 points. It traded nearly 160 million shares, having a value of Rs. 5.9 billion.

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