KSE-100 index closes positive with a gain of 572 points

Amanullah Khan


KSE-100 index after a gap of four day holidays opened positive and remained positive throughout the day even the index rose as high as 41833 point levels in the intraday trading however it was closed in green with a gain of 1.39 percent at 41779 levels here on Tuesday.
The upward inflation rate that increased to 3.42 percent in August from 2.91 percent a month earlier, according to Bureau of Statistics. The rising inflation may have its own impact on the trade as the essential food items may pose a rising trend in the country.
Despite improved index level the market volume remained depressed at 107 million the TRG Pakistan was the volume leader with a trade of over 9 million shares to its credit. The other two volume leaders were including Aisha Steel and Sui Southern Gas Companies with trade volumes of 8 million and 6 million shares to their credit respectively.
However the gainer stocks of 251 companies had an edge over the loser stocks of 92 companies while shares of 15 companies remained unchanged.

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