Cement stocks, FATF announcement lift benchmark index up 585 points - News Summed Up

Cement stocks, FATF announcement lift benchmark index up 585 points


Among other indices, the KMI-30 Index gathered 1,459.90 points to end at 67,394.62, while the KSE All Share Index added 321.25 points, closing at 29,439.51. The overall market volumes increased from 354.5 million shares in the previous session to 487.2 million shares (+37pc). The volume chart was led by cement stocks; Maple Leaf Cement Factory Ltd (MLCF +4.13pc), Power Cement Ltd (POWER +8.39pc) and Fauji Cement Company Ltd (FCCL +7.46pc). The scrips exchanged 48.50 million, 38.31 million and 30.97 million shares, respectively. Sectors that drove the benchmark index north included cement (+229.69 points), technology & communication (+53.66 points) and oil & gas marketing (+44.61 points).


Source: Pakistan Today October 26, 2020 13:30 UTC



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