Arab Today, arab today pso helps karachi bourse rebound 119
Last Updated : GMT 23:23:11
Arab Today, arab today
Arab Today, arab today

PSO helps Karachi bourse rebound 1.19%

Arab Today, arab today

Arab Today, arab today PSO helps Karachi bourse rebound 1.19%

Islamabad - XINHUA

The Pakistan State Oil (PSO) caught participants on Karachi Stock Exchange (KSE) by surprise on Friday as the premier Pakistani bourse ended the week with handsome gains of more than 300 points amid improved turnover. The benchmark KSE 100-Index jumped 1.19 percent, of 304.35 points, to 25,783.28 points Friday, as against 25,478.93 points reported Thursday. During the week that ended on Feb. 28, the key index gained 179. 93 points despite three out of five trading sessions ending in red zone. The KSE All Share Index surged 0.85 percent or 162.01 points to 19,282.40 points, the KSE 30-Index augmented 0.98 percent or 182. 08 points to 18,755.18 points, whereas the KMI 30-Index advanced 1. 36 percent or 575.17 points to 42,886.67 points. During Friday's trading session, the key index hit an intraday high of 25,880.55 points, as against an intraday low of 25,477.36 points. PSO's surprised earnings and payout caused across the board rally on the local bourse where foreign capital inflows also helped boost the sentiment. PSO, Maple Leaf Cement and BankIslami Pakistan Limited closed at their upper limits while oil stocks and cement companies also rallied. Trading volume swelled by 69.795 million shares to 234.88 million shares, turnover added by 5.52 billion rupees (52.53 million dollars) to 9.84 billion rupees (93.70 million dollars), whilst market capitalization increased by 47.33 billion rupees ( 450.79 million U.S. dollars) to 6.28 trillion rupees (59.80 billion dollars). During the week under review, the Karachi bourse recorded a total trading volume of 1.09 billion shares, with daily volume averaging 217.21 million shares. Among the 369 active scrips Friday, prices of 185 issues declined, 172 advanced, whereas values of 12 other companies stayed unchanged. Jahangir Siddiqui Company Limited, TRG Pakistan Limited and Bank of Punjab Rights were most heavily traded, with volume at 18. 61 million shares, 17.68 million shares and 15.74 million shares, respectively. Pakistan Tobacco was the star performer as it rose 38.14 rupees (36.32 U.S. cents) to close at 801.07 rupees (7.62 dollars), while Nestle Pakistan led the major losers by falling 338 rupees (3.21 dollars) to finish at 9,287 rupees (88.44 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 pso helps karachi bourse rebound 119 Arab Today, arab today pso helps karachi bourse rebound 119

 



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 pso helps karachi bourse rebound 119 Arab Today, arab today pso helps karachi bourse rebound 119

 



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 Taxi! Transport gets an overhaul

GMT 12:09 2017 Sunday ,24 September

Taxi! Transport gets an overhaul
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 Turkey warns of 'security' steps

GMT 12:17 2017 Sunday ,24 September

Turkey warns of 'security' steps
Arab Today, arab today North Korea 'more opaque'

GMT 10:50 2017 Sunday ,24 September

North Korea 'more opaque'
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 'Lady Beast' fights for girl gamers

GMT 10:27 2017 Sunday ,24 September

'Lady Beast' fights for girl gamers
Arab Today, arab today Psychologists help Mexico deal

GMT 05:05 2017 Sunday ,24 September

Psychologists help Mexico deal
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 Third generation adds more power

GMT 13:40 2017 Sunday ,24 September

Third generation adds more power
Arab Today, arab today Carmakers face billions in European

GMT 12:37 2017 Saturday ,23 September

Carmakers face billions in European
Arab Today, arab today Lebleba is preoccupied in filming 'Back Street'

GMT 08:56 2017 Thursday ,21 September

Lebleba is preoccupied in filming 'Back Street'
Arab Today, arab today Big Western brands polluting oceans

GMT 20:10 2017 Saturday ,23 September

Big Western brands polluting oceans

GMT 08:59 2017 Wednesday ,20 September

Youssra prepares for launching her program

GMT 10:16 2017 Friday ,22 September

All eyes on May as she prepares

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 12:01 2017 Wednesday ,20 September

Puerto Rico, Virgin Islands brace

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 18:11 2017 Saturday ,23 September

Doctor provides advices to families

GMT 13:36 2017 Saturday ,23 September

unveils Joon - the 'millenials' airline

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