“Traded volume improved by 61% day-on-day to 311 million shares while traded value increased to $62 million.”Top volume leaders of the session were Hascol Petroleum (+8.5%), K-Electric (+6.8%) and Unity Foods (+7.3%) that cumulatively contributed over 69 million shares. The cement sector enjoyed the bull-run the most where Lucky Cement (+7.5%), DG Khan Cement (+7.5%), Maple Leaf Cement (+7.5%), Pioneer Cement (+7.5%), Cherat Cement (+7.5%) and Fauji Cement (+7.5%) closed at their respective upper locks. Steel and exploration and production sectors did not fall behind as Amreli Steel (+7.5%), International Steels (+7.5%), Pakistan Petroleum (+7.5%), Oil and Gas Development Company (+7.5%) and Pakistan Oilfields (+7.4%) touched their respective upper locks. Overall, trading volumes increased to 311.6 million shares compared with Wednesday’s tally of 193.7 million. It was followed by K-Electric with 20.6 million shares, gaining Rs0.19 to close at Rs2.99 and Unity Foods with 19 million shares, gaining Rs0.71 to close at Rs10.45.

Source: The Express Tribune April 02, 2020 14:37 UTC