Strong rally in stock market shows investors’ confidence in govt. policies: Dr Hafeez

MG News | December 02, 2019 at 11:56 AM GMT+05:00

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December 2, 2019 (MLN): Advisor to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh has said the strong rally in stock market depicts the improved investors’ confidence on measurements taken by the government for stabilizing the economy.

He said in a tweet yesterday, the KSE-100 index is up by 14.9% during November which is the highest one month return after May 2013.

The index showed improvement by 36.6% or a net gain of 10, 500 points since Aug 16, 2019.

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Name	Price/Vol	%Chg/NChg
KSE100	179,571.27 436.67M	1.06% 1878.35
ALLSHR	108,600.94 844.23M	1.00% 1073.54
KSE30	53,548.42 162.02M	0.99% 525.53
KMI30	256,725.70 154.74M	0.76% 1936.43
KMIALLSHR	70,620.69 563.61M	0.98% 683.55
BKTi	48,625.03 36.31M	1.37% 658.39
OGTi	37,179.52 8.29M	0.94% 345.85

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	62,755.00	63,160.00 62,210.00	390.00 0.63%
BRENT CRUDE	74.76	77.00 74.61	-2.32 -3.01%
RICHARDS BAY COAL MONTHLY	115.00	0.00 0.00	0.50 0.44%
ROTTERDAM COAL MONTHLY	126.10	126.10 125.90	0.10 0.08%
USD RBD PALM OLEIN	1,157.50	1,157.50 1,157.50	0.00 0.00%
CRUDE OIL - WTI	71.09	73.18 70.91	-2.12 -2.90%
SUGAR #11 WORLD	13.92	14.00 13.81	-0.03 -0.22%