KARACHI: The Karachi Stock Exchange benchmark 100-index gained 506.59 points or 1.53 percent to reach 33563.38 points and volume of 174,158,880 shares on Monday.
In midday, KSE gained another 285.84 points to reach 33342.63 points level.
Earlier, the bullish trend in stocks entered another week as benchmark 100-index gained 221.26 points to reach 33278 points level in early trading.
On Friday, the market remained strong throughout the day and closed, gaining 293 points to 33056.79. Volumes stood at 304m (Value at Rs13.7b/$134m). Expectations of the government announcing an auto-policy in the upcoming budget along with the USD hitting a fresh high against the JPY translated into strong investors’ interest in the auto sector. INDU, HCAR, and PSMC ended 3.8pc, 2.5pc and 2.4pc higher respectively.
Total volume traded in the market was 261,155,450 shares with 367 total traded companies out of which 236 were up 105 were down and 26 were unchanged.
Power Generation and Distribution was the top traded sector with total traded volume of 50,487,000 shares. It was followed by Technology and Communication with a total traded volume of 41,099,000 shares.
The three top traded companies were K-Electric Ltd. with a volume of 37,491,500 and price per share of 8.00 (0.42), TRG Pak Ltd with a volume 23,162,500 of price per share of 22.54 (1.07), Fauji Cement with a volume 14,643,000 of price per share of 34.42 (0.62).
The top three advancers were Indus Dyeing with price per share 935.00 (36.02), Hinopak Motor with price per share of 969.16 (28.44) and Murree Brewery share of 922.67 (22.45).
High and low were 33583.33 and 33056.79 respectively. Total volume traded in the market was 174,158,880 shares.
