“Trading activity remained steady at a healthy level with 149 million shares changing hands on the benchmark KSE-100 Index,” Raza remarked. “We expect the KSE-100 index to consolidate gains above 41,000 and trade in a range of 500-700 points,” he added. Market watch: Stocks kick off 2018 with positive finishAlso, news regarding pipeline augmentation project of RLNG played well for SNGP (+2.6%) as the stock closed higher than its previous close. At the end of the day, 167 stocks closed higher, 185 declined while 20 remained unchanged. It was followed by Bank of Punjab with 13.4 million shares, gaining Rs0.30 to close at Rs8.89 and TRG Pakistan with 11.3 million shares, losing Rs0.72 to close at Rs28.98.

Source: The Express Tribune January 03, 2018 13:48 UTC