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Stocks add 583pts in early trading

byMatiur Rehman
24/01/2018
in Markets, Stock Exchange
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KARACHI: The Pakistan Stock Exchange Wednesday opened bullish after adding 583 points to reach 45490 points level in early trading.

Yesterday, the stocks closed marginally up at 44,907 points after gaining 9.51 points. KSE 100-index has now surged by 18.4 percent from December 19, 2017 to date.

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Top 5 index point contributors were OGDC (up 1.4%), DAWH (3.2%), POL (1.8%), LUCK (0.7%) & NESTLE (4.9%), adding 116 points to the index gain while HBL (down 1.9%), ENGRO (1.7%), UBL (0.8%), HCAR (5%) & SNGP (1.8%) withheld 116 points from the index.

Overall, volumes stood at 226m shares as compared to 294m shares traded previously. SSGC (up 1.72%) from the gas utility led the volume chart with more than 13m shares exchanging hands.

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