Continuing its bullish momentum, the KSE-100 Index gained 1.52 percent to close at the 179,039 level.
This bull run can be attributed to recent buying by local institutions on new allocations.
According to Topline, investor interest was observed in the fertilizer sector which helped drive the main bourse to a new record.
The top positive contributions to the index came from UBL, EFERT, ENGROH, PPL, OGDC, and FFC, as they cumulatively contributed +1,663 points to the index.
Traded value-wise BOP (Rs. 4.28 billion), PSO (Rs. 3.98 billion), PPL (Rs. 3.33 billion), OGDC (Rs. 3.24 billion), MARI (Rs. 3.16 billion), HUBC (Rs. 2.56 billion), and MEBL (Rs. 2.55 billion) dominated the trading activity.
| SCRIP | PRICE | HIGH | LOW | CHANGE | VOLUME |
|---|---|---|---|---|---|
| BOP | 42.33 | 42.88 | 40.56 | 1.99 | 102,545,745 |
| KEL | 6.35 | 6.6 | 6.24 | -0.12 | 100,904,860 |
| MDTL | 5.84 | 5.84 | 5.18 | 1.0 | 43,632,061 |
| PIBTL | 20.15 | 20.68 | 19.72 | 0.12 | 42,452,431 |
| PAKQATAR | 23.98 | 23.98 | 23.01 | 2.18 | 35,325,054 |
| PRL | 37.93 | 38.83 | 37.5 | 0.64 | 25,600,874 |
| WTL | 1.79 | 1.85 | 1.77 | -0.02 | 25,188,443 |
Traded volume and value for the day stood at 1.1 billion shares and Rs. 64 billion, respectively.