Foreign investors ended as net sellers of shares worth
According to the latest data published by
Passenger car sales fell by 24pc to 152,702 units in the first 11 months of 2019 as compared to 201,251 units in the same period of last year. Devaluation of the rupee, rise in interest rates and hike in taxes were some reasons behind the decline.
Gaining 808.97 points, the KSE-100 Index recorded its intraday high at 41,544.05. It settled with a gain of 664.92 points at 41,400.00. The KMI-30 Index ended higher by 1,037.37 points or 1.57pc at 67,068.88, while the KSE All Share Index appreciated by 268.24 points, settling at 29,279.97. Out of the total traded shares, 255 advanced and 67 declined.
Sectors that helped the index accumulate gains included banking (+277.41 points), fertiliser (+92.58 points) and oil and gas exploration (+74.08 points). Among the companies,
The overall market volumes improved from 177.12 million in the previous session to 330.74 million.
© Pakistan Press International, source