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

By 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	130,344.03 345.79M	1.67% 2144.61
ALLSHR	81,023.99 1,021.87M	1.55% 1236.37
KSE30	39,908.26 141.62M	2.05% 803.27
KMI30	189,535.00 150.29M	1.40% 2619.39
KMIALLSHR	54,783.66 508.76M	1.07% 581.78
BKTi	34,940.73 55.86M	4.37% 1464.05
OGTi	28,296.06 16.02M	1.19% 333.47

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	108,320.00	108,430.00 105,440.00	2570.00 2.43%
BRENT CRUDE	68.00	68.06 66.94	0.89 1.33%
RICHARDS BAY COAL MONTHLY	97.50	0.00 0.00	0.75 0.78%
ROTTERDAM COAL MONTHLY	110.00	110.00 110.00	2.50 2.33%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	66.33	66.38 65.23	0.88 1.34%
SUGAR #11 WORLD	15.84	15.97 15.77	0.14 0.89%