Pakistan equities closed green despite an increase in coal prices

Pakistan equities closed green where benchmark KSE100 Index settled at a level of 47,219, up by 186.7ppts (0.4%).

Investor interest was seen in the technology sector, where TRG, SYS and AVN cumulatively contributed 95 points to the benchmark index. At the same time, coal prices went up by ~14%, which created selling pressure in the cement sector.

Total traded volume of the market clocked in at 562mn shares with a value of Rs16bn. WTL was today’s volume leader with ~81mn shares.

Courtesy – AHCML Research

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