Trading floors turn green as KSE – 100 gains 635 pts

March 27, 2019 (MLN): In a much awaited turn of events, market bulls took the trading floors by storm resulting in an abrupt rise of 635 points in KSE – 100 index taking it close to the 39,000 point marks and thus closing the day’s trade on a fruitful note at 38,965 points.

The E&P companies, Fertilizer, Cement and Commercial Banks were the top performers of today’s session as they lifted the index by approximately 439 points.

The major scrips that contributed in the index’s performance were PPL (+3.03%), LUCK (+3.89%), ENGRO (+1.84%), UBL (+2.48%) and OGDC (+1.64%).

The index observed trading of 91 million shares of the listed scrips, having a total value of Rs. 5.13 billion. Within a range of 651 points, the index touched an intra-day high of 38,981 points and an intra-day low of 38,329 points. 

The broader KSE All Share index’s performance also improved considerably, as it gained around 347 points and closed at 28,408 points. It traded nearly 228 million shares, having a value of Rs. 6.1 billion.

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