Market watch: Stocks breach 41,000 barrier on healthy gains, activity - News Summed Up

Market watch: Stocks breach 41,000 barrier on healthy gains, activity


Exploration and production and financial stocks led the rally while cement shares also contributed positive points to the KSE-100. “(We) expect the KSE-100 Index to test 41,800/42,000 where we see a breather,” Abubakr added. TRG Pakistan (-3.45%) led the volumes for the second consecutive day with more than 20 million shares changing hands. Nonetheless, profit-taking can be witnessed in Wednesday’s trading session to some extent. It was followed by K-Electric with 18.2 million shares, gaining Rs0.28 to close at Rs6.49 and Fauji Cement with 10.6 million shares, gaining Rs1.24 to close at Rs26.06.


Source: The Express Tribune January 02, 2018 14:26 UTC



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