Stocks gain 593 points to storm past 45,000 level - News Summed Up

Stocks gain 593 points to storm past 45,000 level


Among other indices, the KMI-30 Index accumulated 848.14 points to end at 74,910.27, while the KSE All Share Index gathered 394.84 points, closing at 31,058.15. The overall market volumes improved from 408.42 million shares in the previous session to 508.84 million shares (+25pc). TRG Pakistan Ltd (TRG +7.49pc), Byco Petroleum Pakistan Ltd (BYCO +10.99pc) and Pakistan Refinery Ltd (PRL +5.16pc) led the volume chart, exchanging 34.43 million, 31.67 million and 26.73 million shares, respectively. Sectors that painted the benchmark index green included banking (+169.12 points), technology & communication (+95.94 points) and cement (+63.58 points). Among the companies, TRG Pakistan Ltd (TRG +99.46 points), United Bank Ltd (UBL +58.49 points) and Habib Bank Ltd (HBL +44.74 points) remained the top contributors.


Source: Pakistan Today March 17, 2021 13:30 UTC



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