Pakistan’s KSE – 100 Index gains 175 points

KSE 100 index today surged after a rebound in global equities opened the day on a positive tone following volatile an extremely volatile week. In the KSE stocks, MFL p by +5.00% today hit the upper lock as it commenced trading on the KSE 100 index.

Financials remained in the limelight as HBL +3.29%, UBL +2.32% led the growth coupled with ENGRO +1.08%, PIBTL +5.67%, BAFL +2.73%, PPL +0.75%, and FFC +1.15% topped the list of gainers during the day, contributing 214.95 points together.

Sector-wise all share index turnover was led by Chemical (41.717 million), Technology & Communication (22.087 million), and Cement (16.143 million) with Textile Spinning (5.928 million) and Power Generation and Distribution (5.851 million) stocks trailing at the bottom.

KSE - 100 Index at the day end moved a total of +175.28 points up by 0.40%, closing in at 43690.36 points with index high-low range of 43878.33 – 43515.08.

KSE – All Share Index Volume was at 203.545 million shares, value of shares traded for all-shares index reached PKR 7.559 billion.

KSE 100 Chart, Mettis Global

The index moved in the range of 353.25 points.

44 companies closed up, whereas 42 were down at the day end.