Stocks accumulate 616 points on positive sentiments - News Summed Up

Stocks accumulate 616 points on positive sentiments


Among other indices, the KMI-30 Index accumulated 1,412.69 points to end at 65,727.69, while the KSE All Share Index gathered 362.21 points, settling at 28,930.00. The overall market volumes inflated from 319.53 million shares in the previous session to 492.67 million shares (+54pc). Unity Foods Ltd (UNTIY +3.95pc), Hascol Petroleum Ltd (HASCOL +6.00pc) and Fauji Foods Ltd (FFL -1.04pc) led the volume chart, exchanging 77.97 million, 50.61 million and 35.12 million shares, respectively. Sectors that drove the index north included cement (+110.56 points), power generation & distribution (+107.02 points) and banking (+90.80 points). Among the companies, Hub Power Company Ltd (HUBC +84.15 points), Lucky Cement Ltd (LUCK +48.06 points) and Meezan Bank Ltd (MEBL +41.64 points) remained the top contributors.


Source: Pakistan Today October 20, 2020 13:35 UTC



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