Stocks gain 613 points on positive sentiments - News Summed Up

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Stocks gain 613 points on positive sentiments


“The market continued with its recent momentum and remained positive throughout Monday, with the index ending just shy of the 40,000-mark. Among other indices, the KMI-30 Index added 855.33 points to close at 63,962.98, while the KSE All Share Index gathered 336.89 points, ending 27,896.15. The overall market volumes surged from 368.70 million shares in the previous session (Thursday) to 538.17 million shares (+46pc). Sectors that brought positivity to the benchmark index included banking (196.24 points), cement (115.86 points) and fertiliser (49.49 points). Among the companies, Habib Bank Ltd (HBL 98.53 points), Lucky Cement Ltd (LUCK 53.97 points) and TRG Pakistan Ltd (TRG 37.14 points) remained the top contributors.


Source: Pakistan Today August 03, 2020 14:03 UTC



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