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Full-day report: Panama Case verdict boosts KSE-100 by 1,140 points

The Pakistan Stock Exchange has ended Thursday’s trading session on a positive note, with the benchmark KSE-100 index gaining 1,140 points, or 2.39 per cent, by the close of the trading session to reach 48,743.56.

Following the Panama case verdict, the benchmark KSE-100 index reacted positively by momentarily surging more than 1,869 points. However, the benchmark index could not maintain the full momentum and adjusted to a gain of approximately 1,140 points by the close.

199.8 million shares changed hands by the end of the session, with a total worth of nearly Rs20.33 billion.

Stocks of 383 companies were traded, of which 305 gained in value, 66 declined and 12 remained unchanged.

Volumes were led by:

K-Electric Ltd: 29.2m shares traded [-0.73pc];

Engro Polymer: 27.6m shares traded [+1.99pc];

TRG Pak Ltd: 20.9m shares traded [+4.61pc];

Aisha Steel Mill: 20.2m shares traded [+4.98pc]; and,

Fauji Cement: 13.5m shares traded [+4.76pc].

Courtesy : Dawn News

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