Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

MPS Preview: High for Longer

Opening Bell: KSE 100 tipped to the upside

Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp

September 25, 2018 (MLN): The stock market has recuperated investors’ confidence and picked up pace after yesterday’s plunge, as the 100 index has gained 73.29 points and is currently trading at 41,077 points hitherto, gearing the market up by 0.18 percent so far.

The sector bestowing maximum gains to the index is Oil & Gas exploration as it has so far contributed around 71 points to the KSE 100 index, followed by Commercial Banks.

Among the index heavyweights, POL (+2.23%), OGDC (+0.84%) and PPL (+0.74%) are driving the uplift in the stock market so far.

Curbed within a range of 188 points the market has touched an intraday high of 41,193 and an intraday low of 41,004 points. The total volume of shares traded as of now among the companies listed in the 100 index is 14 million shares, having a worth of around Rs 779 million.

Likewise, the KSE – All Share index has gained 47.72 points and is currently trading at 29,978 points, with an intraday high of 30,045 points and intraday low of 29,937 points, moving within a range of 107 points.

Over 16 million Shares of the companies constituting the KSE All share have been traded so far, at a value of over Rs. 663 million.

Posted on: 2018-09-25T10:59:00+05:00

23266