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Pakistan Stock Exchange gains 590 points

Salima Bhutto by Salima Bhutto
November 12, 2019
Europe

Europe

Karachi: Pakistan Stock Exchange (PSX) witnessed bullish trend on Wednesday as the benchmark 100 index gained 590 points to close at 3154661 points.

A total of 185522030 shares were traded. The cement and Oil outperformed other sectors that were being traded today. Yesterday, KSE 100 Index opened at 30,531.05 and closed at 30,954.83 gaining 487.63 points.

The overall volumes increased by 86pc to 185.84 million. WorldCall Telecom (WTL +15.29pc), K-Electric Limited (KEL +4.91pc), Maple Leaf Cement Factory Limited (MLCF +2.55pc), Hub Power Company (HUBC +1.71pc) and Fauji Cement (FCCL +3.05pc) remained the favorite picks of the day. 

The banking sector (+179.10 points), fertilizer sector (+110.81 points) and cement sector (+75.45 points) helped the KSE-100 Index stay in the positive zone. Among the companies Lucky Cement Limited (LUCK +47.92 points), Bank AL Habib Limited (BAHL +49.49 points) and Fauji Fertilizer Company Limited (FFCL +41.83 points) remained the significant contributors to the index.

SymbolPRICEVolumeChange
WTL0.9818,328,5000.13 (15.29%)
KEL3.4211,772,0000.16 (4.91%)
MLCF16.8711,058,0000.42 (2.55%)
HUBC74.1610,331,5001.25 (1.71%)
FCCL13.519,696,5000.40 (3.05%)
Tags: Pakistan StockPSXstock
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