AGL 38.54 Increased By ▲ 0.97 (2.58%)
AIRLINK 129.50 Decreased By ▼ -3.00 (-2.26%)
BOP 5.61 Decreased By ▼ -0.03 (-0.53%)
CNERGY 3.86 Increased By ▲ 0.09 (2.39%)
DCL 8.73 Decreased By ▼ -0.14 (-1.58%)
DFML 41.76 Increased By ▲ 0.76 (1.85%)
DGKC 88.30 Decreased By ▼ -1.86 (-2.06%)
FCCL 35.00 Decreased By ▼ -0.08 (-0.23%)
FFBL 67.35 Increased By ▲ 0.85 (1.28%)
FFL 10.61 Increased By ▲ 0.46 (4.53%)
HUBC 108.76 Increased By ▲ 2.36 (2.22%)
HUMNL 14.66 Increased By ▲ 1.26 (9.4%)
KEL 4.75 Decreased By ▼ -0.11 (-2.26%)
KOSM 6.95 Increased By ▲ 0.10 (1.46%)
MLCF 41.65 Decreased By ▼ -0.15 (-0.36%)
NBP 59.60 Increased By ▲ 1.02 (1.74%)
OGDC 183.00 Increased By ▲ 1.75 (0.97%)
PAEL 26.25 Increased By ▲ 0.55 (2.14%)
PIBTL 5.97 Increased By ▲ 0.14 (2.4%)
PPL 146.70 Decreased By ▼ -1.70 (-1.15%)
PRL 23.61 Increased By ▲ 0.39 (1.68%)
PTC 16.56 Increased By ▲ 1.32 (8.66%)
SEARL 68.30 Decreased By ▼ -0.49 (-0.71%)
TELE 7.23 Decreased By ▼ -0.01 (-0.14%)
TOMCL 35.95 Decreased By ▼ -0.05 (-0.14%)
TPLP 7.85 Increased By ▲ 0.45 (6.08%)
TREET 14.20 Decreased By ▼ -0.04 (-0.28%)
TRG 50.45 Decreased By ▼ -0.40 (-0.79%)
UNITY 26.75 Increased By ▲ 0.35 (1.33%)
WTL 1.21 No Change ▼ 0.00 (0%)
BR100 9,806 Increased By 37.8 (0.39%)
BR30 29,678 Increased By 278.1 (0.95%)
KSE100 92,304 Increased By 366.3 (0.4%)
KSE30 28,840 Increased By 96.6 (0.34%)

A volatile ride during the week ended for the KSE-100 with a 379-point gain, helping the index settle near the 46,500 level as participants awaited the monetary policy announcement on Friday.

The State Bank of Pakistan raised the key interest rate by 150 basis points, higher than wider market expectations, taking it to 8.75% — the highest since April 2020.

Monetary policy: SBP raises key interest rate by 150 basis points, takes it to 8.75%

However, the announcement was made post-closing as the KSE-100 made strides to march upwards earlier.

At close on Friday, the KSE-100 Index ended with a gain of 378.91 points or 0.82% to settle at 46,489.41.

TRG Pakistan hit its third lower limit, and has now fallen to Rs103.25, bringing its overall decrease in the past three sessions to nearly 21%. On Friday, less than a million shares traded hands.

Off-market transactions in the company, however, went as low as Rs95, which was a slight improvement from Thursday.

Read more: TRG Pakistan's share price plummets amid allegations on CEO

Meanwhile, volumes on the all-share index increased, clocking in at 304.21 million, up from at 263.55 million a day ago. The value of shares traded increased substantially, amounting to Rs12 billion, up from Rs8.47 billion on Thursday.

Ghani Global Holdings was the volume leader with 33.9 million shares, followed by Service Fabrics with 17.87 million shares, and First National Equities Limited at 14.86 million shares.

KSE-100 manages to sustain 46,000-point level

Shares of 356 companies were traded on Friday, of which 215 registered an increase, 123 recorded a fall, and 18 remained unchanged.

Comments

Comments are closed.