Midday Report: KSE-100 jumps over 1% to top 80,000
MG News | July 03, 2024 at 12:00 PM GMT+05:00
July 03, 2024 (MLN): Bulls maintained their momentum at the Pakistan Stock Exchange (PSX) on Wednesday, pushing the benchmark KSE-100 index above the 80,000 level in the early trading hours.
The KSE-100 Index was up 848.32 points or 1.07% to trade at 80,401.2 by 12:00pm.
Yesterday, the Index surged 728.55 points or 0.92%.

KSE-100 index was being supported by Commercial Banks (+263.64pts), Oil & Gas Exploration Companies (+217.51pts), Cement (+92.60pts), Fertilizer (+76.54pts), and Oil & Gas Marketing Companies (+67.52pts).
Companies adding points to the index were POL (+106.42pts), HBL (+96.41pts), FFC (+46.93pts), OGDC (+42.65pts), and NBP (+41.84pts).
In the broader market, the All-Share index was at 50,903.10 with a net gain of 495.86 points or 0.98%.
In a recent development, the Privatization Commission (PC) has set the deadline for the privatization process of Pakistan International Airlines (PSX: PIAHCLA) for August 2024.
Its shares have jumped 29.5% in the past three trading sessions.
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| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 179,571.27 436.67M | 1.06% 1878.35 |
| ALLSHR | 108,600.94 844.23M | 1.00% 1073.54 |
| KSE30 | 53,548.42 162.02M | 0.99% 525.53 |
| KMI30 | 256,725.70 154.74M | 0.76% 1936.43 |
| KMIALLSHR | 70,620.69 563.61M | 0.98% 683.55 |
| BKTi | 48,625.03 36.31M | 1.37% 658.39 |
| OGTi | 37,179.52 8.29M | 0.94% 345.85 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 60,080.00 | 60,230.00 59,790.00 | 85.00 0.14% |
| BRENT CRUDE | 73.08 | 75.13 71.38 | -2.18 -2.90% |
| RICHARDS BAY COAL MONTHLY | 115.00 | 0.00 0.00 | 1.65 1.46% |
| ROTTERDAM COAL MONTHLY | 126.25 | 0.00 0.00 | 0.15 0.12% |
| USD RBD PALM OLEIN | 1,135.00 | 1,135.00 1,135.00 | 0.00 0.00% |
| CRUDE OIL - WTI | 70.24 | 71.86 68.56 | -1.68 -2.34% |
| SUGAR #11 WORLD | 14.55 | 14.68 14.02 | 0.45 3.19% |
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