Stock Market demonstrates mixed sentiments as 100 index gains merely 66 points

November 20, 2018 (MLN): While market participants remained cautious, mulling over possible outcomes of the then ongoing negotiations with the IMF, the benchmark KSE – 100 index demonstrated mixed sentiments at the trading floor, as the news of the $1 billion receipt from Saudi Arabia struck a balance.

The 100 – index gained only 66 points at session end, closing the day at 41,419 points. The Intraday high logged in at 41,465 points while intraday low was recorded at 41,214 points. The index travelled within the range of 251 points through the day.

The index heavyweights navigating the index towards the green region included PPL (+1.41%), PAKT (+3.68%), SEARL (3.65%) and LUCK (+1.08%).

In total, over 79 million shares were traded within the index, at PKR 5.5 billion.

On the other hand, the broader KSE All Share Index gained 75 points and concluded the session at 29,928 points.

The scrips listed within the broader KSE Index witnessed a trading activity of 167.2 million share, at PKR 7.7 billion.

Of all the listed scrips whose shares were traded at the day’s session, the share prices of 158 scrips rose while that of 156 scrips dropped

Copyright Mettis Link News

Posted on: 2018-11-20T17:59:00+05:00

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