Stock market crude oil prices fell sharply, rising 505 points
Karachi (Nima Inda Jang) Pakistan Stock Exchange, fall in crude oil prices and the effects of some clarification of the political situation, large-scale buying by investors in the market, the KSE 100 Index increased by 505 points to 44 thousand points. Restoration limit, 68.04% increase in share price of companies, increase in investment value by Rs. 65.59 billion, turnover was 102.74% higher than on Monday. On the other hand, on the news of improvement in the political situation in the country and reports of persistence of the government, strong activity in the market has seen a bullish trend since the beginning of trading on Tuesday morning which continued throughout the day. The KSE-30 Index also rose by 189.84 points to 16983.32 points and the All Shares Index rose by 286.98 points to 30379.47 points. Shares of 363 companies in the market Trading took place, shares of 247 companies rose, shares of 87 companies declined and shares of 29 companies remained stable, with market capitalization increasing by Rs. 65.59 billion, Rs. Due to the increase in purchases by investors, the trading volume increased from 132.635 million shares to 268.91 million shares, compared to 136.275 million shares on Monday Pak Electron (R), World Call, Ghani Global Holding, K-Electric and TPL Properties topped the list in terms of turnover in the market. Shares of Palmolive rose to Rs 149.99 and Rs 80.00 per share, respectively. On the other hand, the biggest declines were in shares of Rafhan Mez and Premium Textiles which were Rs 490.00 and Rs 27.50 per share.
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