KSE – 100 Index closed above 43,000 level

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The Pakistan Stock market gained 683 points (1.61% Up) today and concluded at 43,207 level with the volume of 400.08 Million shares. The market remained mixed throughout the day making an intraday high of 43,241 level.

  • High: 42,556
  • Low: 41,357
  • Change: +683 Points
  • Vol: 400 Mn
  • Val: 15.48 Bn (PKR)

Sectors Review:

The Banking, E&P, Fertilizer, Power and Cement were the major positive contributors to the Index.

ICI Pakistan Limited announced the Commencement of the Commercial Operations of NutriCo Morinaga (Private) Limited. NutriCo Morinaga (Private) Limited, is a subsidiary of the ICI Pakistan Limited.

An Extraordinary General Meeting of Service Industries Limited will be held on Monday, i.e. February 03, 2020 to consider and pass a Special Resolution, pertaining to long term equity investment of up to $30,600,000 from time to time in Service Long March Tyres (Private) Limited.

Banking sector witnessed most of the trading with the highest volume of 90.1 Million shares. While the scripts i.e. BOP, TRG and UNITY were the volume leaders.

Events Ahead:

  • 1st Quarter Result of HIRAT on 11th Jan, 2020.
  • Annual Result of FFBL on 28th Jan, 2020.