Bulls dominate as index gains 230 points - News Summed Up

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Bulls dominate as index gains 230 points


Global equity markets also displayed a positive trend, whereas crude oil prices inched further up from the previous close; WTI crude price appreciating 1.21pc to $43.59 while Brent crude price rising 1.04pc to $46.52. Among other indices, the KMI-30 Index gained 476.88 points to close at 63,526.38, while the KSE All Share Index added 126.83 points, ending at 28,058.88. The overall market volumes declined from 195.43 million shares in the previous session to 174.70 million shares (-11pc). Sectors that drove the benchmark index north included oil & gas exploration (+66.95 points), banking (+40.93 points) and fertilizer (+25.58 points). Among the companies, Pakistan Oilfields Ltd (POL +23.43 points), Dawood Hercules Corporation Ltd (DAWH +18.02 points) and Mari Petroleum Company Ltd (MARI +17.50 points) remained the top contributors.


Source: Pakistan Today November 24, 2020 13:14 UTC



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