Losses on the index slow down as it gains 261 pts

December 07, 2018 (MLN): After a massive decline of 1002 points yesterday, the KSE 100 index went on to gain over 261 points by the day end and close in at 38562 points, indicating positive sentiments amongst investors.

Cement, Fertilizers, Commercial Banks and Oil & Gas Marketing companies emerged as the major net gainers as they contributed 114, 96, 62 and 34 points to the index respectively.

Among the index heavy weights, the scrips of LUCK (4.46%), ENGRO (2.25%), FFC (2.9%), KEL (6.76%) and DGKC (4.96%) coxed the index towards gains.

Travelling within the range of 872 points, the index touched an intraday high of 38651 points and an intraday low of 37779 points.

Around 91.3 million shares were traded today for the scrips listed on the benchmark index with their total value recorded at Rs. 5.7 billion.

The broader KSE All share also gained 154 points by the day end and closed in at 28331 points.

An intraday high of 28395 points and an intraday low of 27834 points was recorded by the day end for the all share index with a range of 560 points.

Over 128.5 million shares of the scrips listed within the broader KSE All Share Index have been traded so far, with its value recorded at Rs. 6.68 billion.

Copyright Mettis Link News

Posted on: 2018-12-07T17:30:00+05:00

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