KSE-100 reverts to neutral territory during first trading session of the month

October 1, 2018 (MLN): Following an ephemeral recovery in its last trading session, the KSE-100 index slid back to a protracted state of consolidation during the first trading session of the month. After shedding approx. 69 points, the index geared down by 0.17%, eventually closing in at 40,929 points.

The Cement and Power Generation & Distribution sectors largely influenced the index as their collective share of losses amounted to nearly 50 points.

Among the index heavy weights, HUBC (-1.25%), LUCK (-1.23%), OGDC (-0.69%) and COLG (-4.16%) weighed in the fall of the index.

Within an array of 319 points, the index touched an intraday high of 41,029 points whereas the intraday low remained at 40,709 points. About 71.3 million shares traded today for the scrips listed on the benchmark index.

The broader KSE All Share index faced a similar fate as it went on to lose 23.48 points by the day end, closing in at 29,920 points. An intraday high of 30,022 points was recorded for the KSE All Share index, while the intraday low sunk to 29,804 points today.

Over 105 million shares of the scrips listed within the broader KSE All Share Index were traded today, with its value recorded at Rs.3.4 billion.

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Posted on: 2018-10-01T17:31:00+05:00