Pakistan’s KSE – 100 gains 684.75 points

The KSE 100 Index today embarked on the bullish journey after a series of continuous reds. The index gained by a wide margin today as it closed at 43627.10 points, up by more than 684 points.

Pakistan’s KSE 100 Index was helped by Cement, Banking, Pharmaceutical sectors which helped the bounce. However, despite the domination by bulls the index did not manage to attract enough participation as KSE All Share index participation declined to 148.287 million during the day.

KOHC +1.67%, LUCK +2.16%, CHCC ++2.61%, GLAXO +3.86%, SEARL ++4.99%, PPL +2.8% and MCB +1.43% were all leading contributors during the day.

Sector-wise all share index turnover was led by Technology & Communication (23.596 million), Commercial Banks (18.296 million), and Chemical (13.506 million) with Oil & Gas Marketing Companies (6.447 million) and Engineering (6.270 million) stocks trailing at the bottom.

KSE - 100 Index at the day end moved a total of +684.75 points up 1.59%, closing in at 43627.10 points with index high-low range of 43691.28 – 42916.87.

KSE – All Share Index Volume was at 148.287 million shares, value of shares traded for all-shares index reached PKR 5.833 billion.

KSE 100 Chart, Mettis Global

The index moved in the range of 774.41 points.

73 companies closed up, whereas 16 were down at the day end.