KSE-100 gained more than 214 points in first hour of open; however the spike was short lived. The markets went downward from their early peak.

KSE-100 is currently trading at 45903.56 points, touching an early high of 46213.14 points.

In corporate alert, K-Electric announced it plans to 900MW RLNG Combined Cycle Power Plant at Bin Qasim subject to review petition on Multi Year Tariff determination pending with NEPRA.

Modarba Al-Mali (BankIslami Modarba Investments) declares a DPS of Rs.0.28/- per share and reports an EPS of 0.35 for the year ended June 30, 2017.

KAPCO announced it is considering a bid to acquire 14.91% stake in HUBCO.

Sectors leading the volume include Commercial Banks, Engineering Refinery, Textile Composite And Oil & Gas Marketing Companies.

The value traded during the first three hours of the session has totaled to 3.05 billion, whereas volume traded has amounted to 34.7 million for the day.

The values are of 12:17 a.m.