Stock Market in consolidation as the KSE-100 gains 40 points

October 31, 2018 (MLN): Following an up surge in the market for incessant three days, the KSE-100 index has now landed itself in a state of consolidation. Gaining 40.33 points by the day end, the index is trading at 41,649 points.

Confined within a range of 588 points, the index touched an intraday high of 41,825 and an intraday low of 41,237 points. A volume of approximately 178 million shares worth Rs. 9 billion were traded by 99 companies, out of which 49 companies reported an upswing, 42 experienced downswing and 1 remained unchanged with respect to share price.

The top gaining sectors for today’s session are Fertilizer and Tobacco, whereas the top losing sectors include Chemical and Oil & Gas exploration companies.

Similarly, the broader KSE – All Share index gained 60.66 points and is trading at 30,220 points, with an intraday high of 30,235 points and intraday low of 29,954 points, moving within a range of 281 points.

Over 285 million Shares of the companies constituting the KSE All share were traded so far, at a value of over Rs. 11.2 billion.

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