KSE-100 gains more than 1% as oil price drop fuels rally

Traded volume and value for the day stood at 844mn shares and PKR.40bn respectively.

KARACHI: Positive session was observed at the local bourse as KSE 100 Index gained 1.06% to close at 179,571 level, this positivity can be attributed to decline in crude oil prices.

Top positive contribution to the index came from UBL, LUCK, SRVI, PPL , FFC and MCB, as they cumulatively contributed 920 points to the index.

Traded value wise MLCF (PKR2.9bn), PAEL (PKR.1.39bn), PIBTL (PKR.1.37bn), NBP (PKR.1.35bn), DGKC (PKR.1.33bn) and OGDC (PKR.1.28bn) dominated the trading activity.

Traded volume and value for the day stood at 844mn shares and PKR.40bn respectively.