The benchmark KSE-100 index concluded Monday’s trading session at 66,796.32, marking a slight decrease of 208.79 points or 0.31%. The index exhibited fluctuations throughout the day, trading within a range of 563.46 points, with an intraday high of 67,304.37 and a low of 66,740.91 points. The total volume of the KSE-100 index amounted to 79.759 million shares.

Out of the 100 index companies, 34 closed higher, 57 closed lower, 3 remained unchanged, while 6 remained untraded. The KSE-100 index was weighed down primarily by declines in Oil & Gas Exploration Companies, Technology & Communication, Cement, Textile Composite, and Oil & Gas Marketing Companies.

Conversely, the index found support from gains in Commercial Banks, Power Generation & Distribution, Miscellaneous, Synthetic & Rayon, and Property sectors.

Among the companies that exerted downward pressure on the index were OGDC, SYS, PTC, LUCK, and ILP. On the contrary, companies such as HUBC, MEBL, FABL, HBL, and MCB contributed positively to the index.

In the broader market, the All-Share index closed at 44,369.75, witnessing a net loss of 193.14 points. The total market volume stood at 237.991 million shares, down from 313.035 million shares in the previous session, while the traded value decreased to Rs8.32 billion.

With 115,962 trades reported in 334 companies, 138 companies closed higher, 176 closed lower, and 20 remained unchanged.

Top Ten by Volume:

  1. PIAA: 39,967,500 shares
  2. AGL: 31,101,500 shares
  3. PTC: 21,231,631 shares
  4. PAKRI: 15,086,000 shares
  5. WTL: 13,091,749 shares
  6. LOTCHEM: 7,227,869 shares
  7. CNERGY: 5,488,902 shares
  8. TELE: 4,690,421 shares
  9. PRL: 4,582,190 shares
  10. HASCOL: 4,490,500 shares

Throughout the fiscal year, the KSE-100 index has witnessed substantial gains, surging by 25,344 points or 61.14%. In the ongoing calendar year, the index has recorded a cumulative increase of 4,345 points, equivalent to 6.96%.

MARKET NOISE

In Monday’s interbank session, the Pakistani rupee (PKR) experienced a marginal appreciation of 1.07 paisa against the US dollar, settling the trade at PKR 277.94 per USD.

24-karat gold surges by Rs2,800, hits Rs237,600 per tola. Gold price (XAU/USD) continues its bullish streak, trading near a fresh all-time high of approximately $2,260 as investors brace for a bustling week in the United States’ economic calendar.

SUBRSCRIBE

Leave a Reply

Your email address will not be published.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

TRENDING

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