Abb Takk News
Business

KSE 100-Index: Bullish trend continues on Friday

Karachi (May 05, 2017): Stocks made gains in the last trading session of the first week of May, with the benchmark KSE-100 Index rising 567.48 points (1.15pc) to close at 49,851.13.

Though the index managed to breach the 50,000 points barrier again today, it could not sustain the momentum, facing selling pressure at that point.

KSE-100 Index volumes rose to 136.7 million shares, while values clocked in at Rs13.2 billion.In all, 383 symbols were traded on the Pakistan Stock Exchange, of which 212 advanced, 150 declined and 21 remained unchanged from the previous day’s close.

The All Share Index was up 271 points, with volumes touching 308.1m shares and values clocking in at Rs17.8bn.

Most activity was seen in commercial banks and chemical stocks, with cement, tech and textile companies rounding off the top five.