Stocks consolidate gains with 579-point rally - News Summed Up

Stocks consolidate gains with 579-point rally


Global equity markets also showed a positive trend, whereas crude oil prices dipped lower from the previous close; WTI crude price falling 1.56pc to $41.05 while Brent crude price dropping 1.34pc to $42.58. “The market continued with the recent positive trend, with the index adding over 1,400 points during the first three sessions of the week. The overall market volumes surged from 492.67 million shares in the previous session to 661.19 million shares (+34pc). Sectors that kept the benchmark index in green included banking (+185.12 points), fertilizer (+116.06 points) and technology & communication (+53.41 points). Among Among the companies, Bank AL Habib Ltd (BAHL +76.72 points), Engro Corporation Ltd (ENGRO +45.85 points) and Engro Fertilizer Ltd (EFERT +42.59 points) remained the top contributors.


Source: Pakistan Today October 21, 2020 13:32 UTC



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