Arab Today, arab today kuwait stock exhange gains on csf payment regional bulls
Last Updated : GMT 04:07:41
Arab Today, arab today
Arab Today, arab today

Kuwait stock exhange gains on CSF payment, regional bulls

Arab Today, arab today

Arab Today, arab today Kuwait stock exhange gains on CSF payment, regional bulls

Islamabad - XINHUA

Pakistan's Karachi Stock Exchange (KSE) bucked a three-day bearish trend on Wednesday as Washington made the much-needed payment to Pakistan under Coalition Support Fund (CSF) while bullish sentiments in regional markets following strong Chinese data also helped improve the sentiments. The benchmark KSE 100-Index jumped 1.66 percent, or 436.86 points, to 26,677.27 points Wednesday, as against 26,240.41 points reported Tuesday. The KSE All Share Index surged 1.52 percent or 298.25 points to 19,869.56 points, the KSE 30-Index gained 1.86 percent or 353.14 points to 19,314.93 points, whilst the KMI 30-Index augmented 1.57 percent or 681.97 points to 44,121.83 points. During Wednesday's trading session, the key index hit an intraday high of 26,708.30 points and an intraday low of 26,239.73 points. Positivity was seen throughout the regional equity markets after China posted robust trade data for January 2014. Coupled with payment of CSF from the United States, this boosted mood on the local bourse. Participation also remained strong as investors were seen taking keen interest in index heavyweights like Oil and Gas Development Company, MCB Bank, Engro Corporation, Engro Fertilizers and Engro Foods. Moreover, with news flow suggesting that margins of Oil Marketing Companies (OMCs) are on the agenda for Thursday's meeting of Economic Coordination Committee, interest was seen in Pakistan State Oil which gained 4.2 percent to close at 353 rupees with volume of 2.9 million shares. Market volumes rose by 61.407 million shares to 284.366 million shares, turnover expanded by 4.38 billion rupees (41.76 million U. S. dollars) to 10.56 billion rupees (100.59 million U.S. dollars), and capitalization jumped by 97.12 billion rupees (924.91 million U.S. dollars) to 6.48 trillion rupees (61.71 billion U.S. dollars). Among 406 active scrips Wednesday, prices of 295 issues advanced, 96 declined, while 15 other companies remained flat. BankIslami Pakistan, Faysal Bank, and Jahangir Siddiqui Company Limited were mostly heavily traded with turnover of 30.56 million shares, 25.44 million shares, and 21.69 million shares, respectively. Rafhan Maize led gainers by rising 334.16 rupees (3.18 U.S. dollars) to 7,017.41 rupees (66.83 U.S. dollars), while Nestle Pakistan was the top loser with its price down 262.36 rupees (2.49 U.S. dollars) to 9,920.14 rupees (94.47 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 kuwait stock exhange gains on csf payment regional bulls Arab Today, arab today kuwait stock exhange gains on csf payment regional bulls

 



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 kuwait stock exhange gains on csf payment regional bulls Arab Today, arab today kuwait stock exhange gains on csf payment regional bulls

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today O'Leary: Could ground more planes

GMT 06:49 2017 Friday ,22 September

O'Leary: Could ground more planes
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Huthis stage defiant rally 3 years

GMT 05:29 2017 Friday ,22 September

Huthis stage defiant rally 3 years
Arab Today, arab today Saudi Arabia to unblock internet calling apps

GMT 11:31 2017 Wednesday ,20 September

Saudi Arabia to unblock internet calling apps
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today All eyes on May as she prepares

GMT 10:16 2017 Friday ,22 September

All eyes on May as she prepares
Arab Today, arab today Puerto Rico, Virgin Islands brace

GMT 12:01 2017 Wednesday ,20 September

Puerto Rico, Virgin Islands brace
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Mercedes pumps 1 bln euros    

GMT 06:04 2017 Friday ,22 September

Mercedes pumps 1 bln euros    
Arab Today, arab today Intel chips loaded in Waymo

GMT 14:43 2017 Wednesday ,20 September

Intel chips loaded in Waymo
Arab Today, arab today Youssra prepares for launching her  program

GMT 08:59 2017 Wednesday ,20 September

Youssra prepares for launching her program
Arab Today, arab today France hopeful of persuading Trump

GMT 06:21 2017 Wednesday ,20 September

France hopeful of persuading Trump

GMT 09:40 2017 Tuesday ,19 September

Actress Ream Hhagag prepares for a new film

GMT 18:09 2017 Thursday ,21 September

China lifts 10-year travel ban

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 19:18 2017 Monday ,18 September

5,000 'Dieselgate' deaths in Europe per year

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 18:03 2017 Thursday ,21 September

Alarm over flesh-eating ulcer cases

GMT 07:00 2017 Wednesday ,20 September

A no-frills business success

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:46 2017 Thursday ,21 September

Google likely to buy stake in Taiwan smartphone maker HTC

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
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