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Bulls sustain rally, with KSE-100 up over 1,000 points during early trading on Wednesday


Bulls sustain rally, with KSE-100 up over 1,000 points during early trading on Wednesday

Pakistan’s benchmark index, KSE-100, was trading higher at 10:45am on Wednesday, up 1,105.24 points from its previous close.

The index had risen 0.59 per cent to 188,005.97 points from Tuesday’s close of 186,900.73 points.

Trading volumes early in the day remained healthy at 60,056,650, at a value of 6,585,498,905.

The top active stocks were led by K-Electric Limited with a volume of 20,511,020, rising 1.09pc to Rs7.43; followed by First National Equities Limited with a volume of 12,313,997, rising 2.30pc to Rs1.78; and Ghani Chemworld Limited, rising 5.37pc to Rs23.94 at a volume of 10,392,297.

Top advancers so far have been Asim Textile Mills Limited, rising 10.02pc to Rs20.32; followed by Apna Microfinance Bank Limited, rising 10.01pc to Rs23.85; and East West Insurance Company Limited, rising 10.01pc to Rs46.05.

Top decliners so far have been First Tri-Star Modaraba, falling 10pc to Rs48.06; followed by Nagina Cotton Mills Limited, declining 5.78pc to Rs65.01; and Karam Ceramics Limited, down 5.53pc to Rs157.

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