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KSE 100 close increase of 1.32pc

Karachi, March 17, 2021: Pakistani Equities clawed back the gains on Wednesday with the KSE 100 Index closing at 45,450 level (up 1.32 percent ).

Over the past 4 days, the market has recovered 2,671points (6.24 percent ) against 3,057points lost amidst the senate elections. The rally is attributable to easing political noise owed to the delay of the Long March coupled with an expectation of a status quo in the upcoming monetary policy.

Major positive contribution today came in from TRG, UBL, HBL, PPL & MCB cumulatively adding ~251points to the benchmark index.

Daily traded volume and value clocked in at 510.13 million shares (up 24.9 percent  DoD) and PKR 24.9 billion (up 24.7 percent  DoD) respectively.

The volume leader today was TRG with 34.43 million shares traded followed by BYCO with 32.41 million shares traded and PRL with 26.73 million shares exchanging hands during the session.

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