August 10, 2022 (MLN): Continuing its bullish momentum, the benchmark KSE-100 index gained 590.81 points in early trade at around 10:14 am on Wednesday as the index is currently trading at 42,678.05.
Positive triggers such as the United Arab Emirates (UAE)'s intention to invest $1 billion in Pakistani companies across various sectors, Finance Minister's recent statement wherein he mentioned that Pakistan has averted a Sri Lanka-like situation, and PKR rally have boosted investors' confidence across the trading floor.
So far, oil & gas exploration companies, commercial banks, fertilizers, and chemical sectors witnessed higher buying activity with a gain of 144.19, 143.40, 83.75, and 43.09 points, respectively.
Scrip-wise, PPL, ENGRO, OGDC, HBL, and LOTCHEM have gained maximum points.
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