KSE-100 adds 897 points, as general elections 2018 nears

Pakistan Stock Exchange (PSXs) KSE-100 index remained bullish on Thursday, on the back of healthy buying in almost all sectors. Meanwhile, the Greenback continues to gain strength after it was traded at 128.5 rupees.

Investors remained active in the stock market as the general election 2018 nears. The KSE-100 closed at 41795.59, recording a positive change of 897.69 points or 2.19 percent change.

The three top traded companies were K-Electric Limited with a volume of 22,771,500 and price per share of 5.63 (0.32), Lotte Chemical Pakistan Limited with a volume of 21,065,000 and price per share of 12.87 (1.00), Pakistan Int Bulk Terminal Ltd (R) with a volume of 20,377,000 and price per share of 0.71 (0.21).

The top three advancers were Nestle Pakistan Limited with a volume of 80 and price per share of 11,009.25 (524.25), Island Textile Mills Ltd with a volume of 40 and price per share of 1,284.75 (45.50), Sanofi-Aventis Pakistan Limited with a volume of 680 and price per share of 979.33 (39.33).

The top three decliners were Philip Morris (Pakistan) Limited with a volume of 840 and price per share of 2,359.86 (-118.00), The Thal Industries Corporation Limited with a volume of 100 and price per share of 311.98 (-16.41), Otsuka Pakistan Ltd with a volume of 100 and price per share of 275 (-14.30).