Arab Today, arab today karachi stock exchange posts biggest singleday surge in over 5 years
Last Updated : GMT 08:53:10
Arab Today, arab today
Arab Today, arab today

Karachi Stock Exchange posts biggest single-day surge in over 5 years

Arab Today, arab today

Arab Today, arab today Karachi Stock Exchange posts biggest single-day surge in over 5 years

Pakistan's Karachi Stock Exchange (KSE)
Islamabad - XINHUA

Pakistan's Karachi Stock Exchange (KSE) staged a remarkable comeback on Friday after the country's army chief General Raheel Sharif met PTI chief Imran Khan and PAT chairman Dr. Tahir-ul-Qadri in a bid to end the over two-week-long political deadlock.
The benchmark KSE 100-Index jumped by 2.86 percent or 793.31 points to 28,567.74 points on Friday when compared with 27,774.43 points recorded on Thursday.
During the week that ended on August 29, the key index gave away 304.01 points as four out of five trading sessions ended in red zone.
The KSE All Share Index augmented by 2.66 percent or 543.59 points to 21,014.45 points, the KSE 30-Index surged by 3.18 percent or 612.4 points to 19,877.88 points, whereas the KMI 30- Index skyrocketed by 2.78 percent or 1,258.64 points to 46,494.76 points.
During Friday's trading session, the key index touched an intraday high of 28,838.11 points when compared with an intraday low of 27,774.43 points.
For the first time in history of Karachi bourse, the benchmark index crossed 1,000 points mark during intraday trade. This is the biggest single-day gain in over five years as across the board rally was seen in all major scrips.
Market volumes improved by 72.344 million shares to 187.806 million shares Friday as against 115.461 million shares posted Thursday, the capitalization gained 173.894 billion rupees (1.738 billion U.S. dollars) to 6.726 trillion rupees (67.269 billion U.S. dollars), whereas the trading value increased by 3.455 billion rupees (34.554 million U.S. dollars) to 9.827 billion rupees (98. 276 million U.S. dollars).
During the week under review, the KSE recorded total volumes of 594.522 million shares at average daily turnovers of 118.904 million shares.
Among 366 active scrips Friday, prices of 289 issues advanced, 54 declined, whereas values of 23 other companies stayed unchanged.
K-Electric Limited, Bank of Punjab and Lafarge Pakistan Limited were the top traded companies with turnovers of 22.589 million shares, 14.540 million shares, and 10.874 million shares, respectively.
Rafhan Maize XD was the top price gainer with increment of 274 rupees (2.74 U.S. dollars) to 10,775 rupees (107.75 U.S. dollars) whereas Exide Pakistan led the major price shedders with decrement of 46.38 rupees (46.38 U.S. cents) to 892.45 rupees (8.92 U.S. dollars).

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today karachi stock exchange posts biggest singleday surge in over 5 years Arab Today, arab today karachi stock exchange posts biggest singleday surge in over 5 years

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today karachi stock exchange posts biggest singleday surge in over 5 years Arab Today, arab today karachi stock exchange posts biggest singleday surge in over 5 years

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque

GMT 17:28 2017 Thursday ,18 May

Saudi stocks rise in heavy trading

GMT 21:37 2017 Wednesday ,17 May

US Stocks Close Mixed

GMT 04:58 2017 Wednesday ,17 May

Tadawul index gains 0.7%

GMT 06:20 2017 Tuesday ,16 May

Tadawul index climbs 0.6%

GMT 13:43 2017 Monday ,15 May

Oman share index declines marginally
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday