September 14, 2018 (MLN): As uncertainty looms out of the market with clarifications coming in from the government on a range of issues troubling the markets, the KSE-100 index has taken a U-turn from its consecutive losses in its last trading session. The index continues to rise, opening higher than yesterday’s closing, up by over 80 points during initial hours of the trading session today.
The index is currently trading at 41,213 points, having gained 81 points so far.
Bound within a range of 180 points, the index has touched an intraday high of 41,230 points and an intraday low of 41,049 points. With respect to volume, the index has till now seen trading activity of over 26 million shares worth Rs. 1.7 billion.
The sectors backing the success of the index include Cement and Fertilizer, having contributed over 100 points to the benchmark index so far.
Among the index heavy weights, LUCK (2.63%), POL (+1.36%), ENGRO (0.84%), DAWH (1.89%), INDU (2.96%) and DGKC (2.47%), are driving the gains on the index so far.
With respect to the broader KSE – All Share, the index has gained 63 points and is currently trading at 30,100 points, with an intraday high of 30,161 points and intraday low of 30,038 points, moving within a range of 122 points.
Over 54 million Shares of the companies constituting the KSE All share have been traded so far, at a value of over PKR 2.43 billion.
