KSE-100 index remains above 41,000 levels


Unpredictable oil prices impact on stock markets

Amanullah khan

Karachi—The unpredictable fluctuations in international oil prices have their impact on the global bourses including Pakistan yet the KSE-100 Index managed to remain positive zone with a slight gain of 52 points to close in green at 41,464 levels here on Friday.
The top performer of the day was the Bank of Punjab with a trade of 34 million shares to their credit while Bank Al-Falah was second and TRG Pakistan third volume leader of the day with respective trade volumes of 30 million and 29 million shares to their credit. It will be interesting to note that the international oil prices initially fell after US crude oil inventories data showed an increase in the stocks by 4.9mnbbl.