Karachi Stock Market crossed 30,000 points

The volumes was much impressive today as during the first two weeks of Ramazan, the volumes remained below 100 million shares. Today, KSE observed an unexpected volume of 152.93 million shares.

kse today

The volume leaders was Fauji Cement whose price increased by 1.01 rupees with 5% upper cap. Besides FCCL, other scripts like KEL, LPCL, PIBTL performed well today. Four cement manufacturing companies in the top 10 volume leader today.

Only National Bank of Pakistan was able to have a large volume today and was in top 10 volume leaders in KSE today.

KSE-100 increased by 400.94 points which is 1.35% rise in one day. The 30,000 point is very crucial and if stock market is able to hold this position.

The 30,000 point is very crucial as many people foresee the next month very unstable in terms of financial and political situation.

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