Weekly recap: KSE-100 records substantial gain of 3.68%


Despite prevailing uncertainty on the domestic political front regarding no-confidence motion, the market made substantial gains with the KSE-100 closing higher for the second consecutive week.

The index closed at 45,152.11 points, a week-on-week gain of 1,600.96 points or 3.68%. Weekly total market volume was also up by around 975 million shares indicating arrival of bulls in force.

The week started with a positive note and KSE-100 saw a steady rise with both value and volume of shares trading substantially higher.

Analysts have pinpointed declining international coal and oil prices as the primary factor behind this weekly gain.—Agencies


Previous articleWorkshop on ‘Reproductive Ultrasonography in Domestic Animals’ held
Next articlePDWP approves two development schemes