Stocks extend rally with 503-point gain - News Summed Up

Stocks extend rally with 503-point gain


KARACHI: The Pakistan Stock Exchange (PSX) extended its rally on Thursday, with the indices accumulating gains all day long ahead of earnings season. The overall market volumes increased from 431.14 million shares in the previous session to 476.73 million shares (+10pc DoD). Hascol Petroleum Ltd (HASCOL +4.28pc), Unity Foods Ltd (UNITY +5.93pc) and TRG Pakistan Ltd (TRG +3.01pc) led the volume chart, exchanging 107.25 million, 56.31 million and 20.69 million shares, respectively. Sectors that kept the benchmark index in green included oil & gas exploration (+123.42 points), cement (+81.61 points) and oil & gas marketing (+73.36 points). Among the companies, Oil and Gas Development Company Ltd (OGDC +61.75 points), Pakistan State Oil Company Ltd (PSO +46.31 points) and Pak Petroleum Ltd (PPL +32.94 points) remained the top contributors.


Source: Pakistan Today October 08, 2020 13:26 UTC



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