Zubair Yaqoob
Karachi
Courtesy of crudes’ performance in the international market, KSE100 posted decent gains during the session, realizing +469pts and closing the session +76pts. E&P and OMCs remained in the limelight but also saw profit booking near yesterday’s levels and caused OGDC and PPL to settle low. Cement and Fertilizer sectors saw further weakness, whereas Banks also contributed to downside in Index. Cement sector topped the chart with 58.4M shares, followed by O&GMCs (38.7M) and Technology (26.9M). Among scrips, HASCOL realized trading volumes of 33.8M shares, followed by UNITY (25.4M) and FCCL (17.8M). The Index closed at 33,993pts as against 33,917pts showing an increase of 76pts (+0.2% DoD). Sectors contributing to the performance include E&P (+83pts), O&GMCs (+49pts), Food (+13pts), Cement (-39pts), Banks (-23pts).
