The Pakistani stock market’s KSE-100 index maintains a higher level of investor equity. Over the last 24 weeks, the index has risen by over 60%, demonstrating impressive performance.

Breaking through the 65,000 and 66,000 barriers and recording the highest weekly point gain ever, the Pakistan stock market’s key index accomplished three significant milestones in a single day.

The previous weekly point gain record set in April 2020 was surpassed by the KSE-100 index, which gained 4,532.38 this week to close at a record high of 66,223.63.

KSE100

Sectors contributing positively to KSE100 index included Commercial Banks sector (695.74pts), Fertiliser sector (183.92pts) and Oil & Gas Marketing Companies with sector (97.48pts). Companies contributing postively to the index included MCB(166.44pts), HBL(150.02pts), BAHL(105.17pts).

The volume leaders included KEL(+9.41%), WTL(+4.16%), PTC(+8.79%). The scrips traded 342.53mn, 98.56mn and 58.74mn shares respectively.

MARKET FRONT

CFDs on Brent Crude oil posted an intraday high of $75.44 and intraday low of $74.22. Oil closed the weekly session at $75.84

CFDs on Brent Crude oil posted an intraday high of $75.44 and intraday low of $74.22. Oil closed the weekly session at $75.84

ALI

ALI

Experienced Senior Research Analyst

SIKANDER RAZA

SIKANDER RAZA

Sikander Raza, a Senior Technical Analyst

HAMZA SALEEM

HAMZA SALEEM

Hamza Saleem, a Senior Business Analyst

IRSA

IRSA

Irsa Sajjad, as a Research Analyst for Equities

Leave a Reply

Your email address will not be published. Required fields are marked *

TRENDING

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?