MARKET CLOSING - 31ST AUG 2021
Continuing its momentum from yesterday, the KSE 100 index managed to accumulate 54.04pts(0.11%DOD). Where we saw the index touching a high of 47,596.04 and a low of 47,349.49, as the index managed to close at 47,419. The all share index stood at a volume of 379mln(-1%DOD), marginally decreased from last session. The all share volume reflected investors caution towards trading, as we anticipate the volumes to remain lackluster prior to any dominant trend. Despite the increase in government debt by 22%, the market’s sentiment remained positive as the investor showed interest towards trading Technology, Chemical, Food & Personal Care Products and Refinery. The volume leaders for today were TELE(42mln), GGL( 33mln), BYCO(22mln), TREET(21mln) and PAEL(17mln).