Stocks add 180 points in volatile session - News Summed Up

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Stocks add 180 points in volatile session


Among other indices, the KMI-30 Index accumulated 427.49 points to end at 70,123.24, while the KSE All Share Index added 49.41 points, closing at 30,248.67. The overall market volumes contracted from 561.85 million shares in the previous session to 378.31 million shares (-33pc). Sectors that kept the benchmark index afloat included cement (+79.50 points), banking (+21.32 points) and automobile assembling (+19.09 points). Among the companies, Maple Leaf Cement Factory Ltd (MLCF +20.70 points), Habib Bank Ltd (HBL +19.55 points) and Lucky Cement Ltd (LUCK +17.90 points) remained the top contributors. Adding 1.37pc to its cumulative market capitalization, the cement sector ended as the session’s top performer, with LUCK (+0.92pc), DG Khan Cement Company Ltd (DGKC +1.62pc) and Fauji Cement Company Ltd (FCCL +1.40pc) posting decent gains.


Source: Pakistan Today December 23, 2020 13:18 UTC



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