The KSE-100 Index after a topsy and turvy session although index managed to close in marginal green candle.  Moreover, the index still managed to stay above the 60,000 psychological level. Analysts contribute this to profit taking as the index has gained over 28 Percent in the last two months. The index lost (-227.27) points in the previous session.

KSE100

The Benchmark KSE100 Index closed the session marginally green with index posting an intraday high of 479.68 points and an intraday low of 73.86 points. PKR continues to gain strength against the greenback and After retesting MA 200 oil is now testing EMA200 resistance. Oil has gained over 1.52 percent at the time of writing.

The volumes decresed from the previous sessions close. Index closed at 60,428.13 pts adding +29.28 points to the index.

The volumes decreased from 690.411 million shares in the previous session to 343.52 million shares Today. The volume leaders included FCCL(+3.09%), DCL(-0.13%), BOP(-3.63%). The scrips traded 18.36mn, 17.34mn and 1620mn shares respectively.

MARKET FRONT

CFDs on Brent Crude oil posted an intraday high of $84.57 and intraday low of $82.44. Oil is currently trading at $83.75 (7:09pm Thursday, 30 November 2023 (GMT+5) Time in Pakistan).

CFDs on WTI Crude Oil posted an intraday high of $77.47 and intraday low of $76.41. Oil is currently trading at $77.35 (7:09pm Thursday, 30 November 2023 (GMT+5) Time in Pakistan).

 

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