Full-Day Report: Panama Case Verdict Boosts KSE-100 By 1,140 Points

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Published on April 20, 2017 by Javeria Siddiqui

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:
1. K-Electric Ltd: 29.2m shares traded [-0.73pc];
2. Engro Polymer: 27.6m shares traded [+1.99pc];
3. TRG Pak Ltd: 20.9m shares traded [+4.61pc];
4. Aisha Steel Mill: 20.2m shares traded [+4.98pc]; and,
5. Fauji Cement: 13.5m shares traded [+4.76pc].
Credit: Dawn

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