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The market shot up by 444pts, shedding the nervousness of last week to close at 40986 while at the same time breaching 41000 during intra day trading. Turnover was 568mln shares while value traded was Rs17.6bln. This brings up a gain of 23pc or 7726pts since Jan 2016. This is inspite of an outflow of USD77mln from Jan 2016-Sep 2016. Newsflow regarding interest in PSX by Shanghai Stock Exchange, net inflow during the day and mega construction projects spurred buying. Cements helped the Index post solid gains even though the activity during the day was broad based.
LUCK hit uppercap . Even Fertilizers came out of the doldrums with some gains. FFBl ended up 3pc. WYETH, HINO , MUREB, SHEL hit upper circuit.
1 Comment
5/12/2017 09:35:36 pm
Things are looking good for your market's future. This is a very positive news for the company. The sales must've been doing well for this big increase. I'm sure that this trend will continue, if you keep providing quality service. I'm assuming a steady rise in the market for the next few years. Leave a Reply. |
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