Midday Report: KSE-100 index up by 639 points

September 10, 2020 (MLN): The KSE-100 index has gained around 639 points so far and is currently trading at 42,665-level.

Sectors that have benefited the most as of now include Commercial Banks (213pts), E&Ps (87 pts) and Cement (72 pts).

The positive momentum is probably being driven by stable cut off yields in MTB auction held yesterday and lower oil prices, as suggested by Ismail Iqbal Securities.

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Posted on: 2020-09-10T12:00:00+05:00

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