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KSE-100 climbs 159 points as positive sentiments prevail

MM News Staff by MM News Staff
December 5, 2020

KARACHI: The Pakistan Stock Exchange (PSX) has regained its momentum today (Friday) as the benchmark index gained more than 150 points and closed at 42,207 points.

The KSE-100 index remained in green throughout the day between the range of 42,316.52 and the previous day’s level of 42,047.72. Among other indices, the KMI-30 Index gathered 274.24 points to end at 68,296.61, while the KSE All Share Index added 139.92 points, closing at 29,549.41.

A total of 379 companies were available for trading where the share price of 209 entities went up. However, 159 companies shed their value while there was no change in the case of 21.

One of the usual suspects – TRG Pakistan – was again among the most active stocks and once again led the chart with the trading of 42,624,000 shares. It was followed by Pakistan Refinery and Pakistan Telecommunication Company with 30,946,000 and 21,734,500 shares respectively.

Meanwhile, the top three performers in terms of share price gain were Dewan Textile Mills 41.67 percent, Tri-Star Power 17.38 percent and Dawood Equities 14 percent.  However, Trust Securities & Brokerage proved to be the worst performer after shedding 9.92 percent of share value.

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