JS Global analyst Danish Ladhani said the market observed a bullish momentum throughout the day, reaching an intraday high of 351 points, before the KSE-100 index closed at 33,861 levels. As a result, DGKC (+5.0%), MLCF (+6.5%), KOHC (+5.0%), CHCC (+4.9%) and PIOC (+5.0%) all closed at their respective upper circuit. Overall, trading volumes increased to 135.6 million shares compared with Friday’s tally of 170.9 million. Pakistan International Bulk Terminal was the volume leader with 12.7 million shares, gaining Rs0.30 to close at Rs10.39. It was followed by TRG Pakistan with 7.7 million shares, gaining Rs0.97 to close at Rs16.79 and Fauji Cement with seven million shares, gaining Rs0.82 to close at Rs15.39.

Source: The Express Tribune October 28, 2019 16:07 UTC