Midday Report: KSE-100 index up by 663 points

November 4, 2019 (MLN): The KSE-100 index has gained 663 points in the intraday session, and is currently trading at 35,040-mark.

The market sentiments were fueled by rise in cement dispatches in October 2019 by 9.19 percent, which is also an all-time record for a month’s dispatches as compared to 4.564 million tons in October 2018.

So far, Commercial Banking Sector has emerged as the top performer, as it has contributed 244 points to the index, followed by Cement Sector and E&P Companies that have collectively contributed 140 points.

Company-wise, the index is being driven by the scrips of HBL, UBL, HUBC, MCB, and LUCK.

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Posted on: 2019-11-04T12:04:00+05:00

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