Late buying helps index close in green - News Summed Up

Late buying helps index close in green


Among other indices, the KMI-30 Index dropped 4.57 points to close at 63,763.29, whereas the KSE All Share Index gathered 14.54 points, settling at 28,471.79. The overall market volumes declined from 324.75 million shares in the previous session to 254.12 million shares (-22pc). Unity Foods Ltd (UNITY +6.22pc), Kohinoor Spinning Mills Ltd (KOSM +35.42pc) and Hascol Petroleum Ltd (HASCOL -0.64pc) topped the volume chart, exchanging 45.06 million, 20.74 million and 15.27 million shares, respectively. Sectors that benchmark index afloat included banking (+128.93 points), textile composite (+12.04 points) and vanaspati & allied industries (+11.29 points). Among the companies, Habib Bank Ltd (HBL +98.80 points), Meezan Bank Ltd (MEBL +26.17 points) and Unity Foods Ltd (UNITY +11.29 points) remained the top contributors.


Source: Pakistan Today October 16, 2020 13:41 UTC



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