KSE-100 index higher in mid-day trade
KARACHI: The KSE-100 index started the new week in the green zone, being higher by over 45 points, standing at 13,902.89 points. The All-share, KSE-30 and KMI-30 indices were also higher by 32.9, 41.56, and 67.48 points respectively.
While the index was on a positive note, volumes were significantly lower, with only 46 million shares traded at a value of Rs1.33 billion.
JS Bank Ltd lead volumes for the day, with 6.87 million shares traded and a price hike of about Rs0.47 in share price.
Jahangir Siddiqi Co stood second, with 5.53 million shares traded, down by Rs0.03 per share. DG Khan Cement and Byco Petroleum also held significant volume, with 5.1 million and 2.39 million shares traded, with a loss of Rs0.36 and Rs0.34 respectively.
Engro Corporation and Engro Foods Ltd were also traded significantly, with gains of Rs1.62 and Rs0.62 over 2.34 million and 2.32 million shares traded respectively.
Amongst the market heavyweights, Unilever Pakistan and Uniliver Foods gained Rs110 per share and Rs99 per share respectively, although on negligible volumes.
OGDCL was higher by Rs1.72, with over 226,000 shares traded.
While sectors were mixed, the financial services, foods and chemical sectors were largely positive.
Overall, 154 symbols advanced, 119 declined, and 21 remained unchanged.