Rising trends continue at the stock exchange
After a bullish rally Wednesday with a close at 215 points above par, the 100 Index showed positive signs Thursday as well.
Shares of 335 companies were traded. At the end of the day, 138 stocks closed higher, 179 declined and 18 remained unchanged. PHOTO: FILE
KARACHI:
After a bullish rally on Wednesday with a close at 215 points above par, the KSE-100 Index showed positive signs on Thursday as well.
The benchmark 100-Index closed with a gain of over 70 points closing at 9,860 with Lotte Pakistan, Jahangir Siddiqi and Byco Petroleum on top of the list of the 100 companies.
The All-Share Index closed with a gain of 50 points while the total exchange volume during the day was 80 million.
The KSE-100 Index recorded large gains based on a rally by the banking, oil and fertiliser sector.