Bulls ruled consecutively and maintained their position on the last day of trading week. Stocks closed at yet again at all time high led by selected scrips across the board on strong valuations.

KSE-100 share index further grew by 57.85 points or 0.18 percent to end the day at 32148.78 points compared to 32090.93 points of the previous day.  

Karman Nasir Chief Executive JS Global said, announcement of a date for dialogue between government and Pakistan Tehreek-i-Insaf, good dispatch numbers in cement sector yoy basis and expectation of better results in banking sector further supported the bull-run at KSE. Despite profit taking another new record posted by benchmark is a good sign for local market.

KSE-Allshare index up by 104.37 points or 0.45 percent to finish the day at 23380.02 points, KSE-30 index shed 68.16 points or 0.33 percent to close the trading at 20818.33 points while KMI-30 index off by 132.24 points 0.26 percent to end the day at 51068.54 points.  Profit taking was witnessed after index touched all time intraday high with falling international oil prices some selling was seen in index heavy weight OGDC and PSO while mid cap stocks remained in the limelight including TRG, BOP & AICL, Samar Iqbal AVP Equity Sales at Topline Securities observed here.  

The day turnover in term of share move downward from 286.496 million to 378.369 million while the value of traded shares declined to Rs 13.107 billion from Rs 18.898 billion. The capitalisation of the market maintained at Rs 7.355 trillion after opening at Rs 7.327 trillion.

An equity expert said that retail interest in second and third tier stocks and strong economic outlook as Government signed low cost green energy deals with Kyrgyzstan & Tajikistan played a catalyst role in bullish activity at KSE.

Trading took place in 396 companies where 195 closed in green and 173 in negative while the value of 28 stocks remained intact. Nestle Pak and Rafhan Maize were the top price gainers of the day up by Rs 300 to Rs 8800 and Rs 149.22 to Rs 10501.82. Unilever FoodsXD and Siemens Pakistan were the top price losers of the day decreased by Rs 100 to Rs 8400 and Rs 60.37 to Rs 1231.83.  Volume Chart was led by TRG Pak Ltd with 24.513 million shares higher by Re 0.40 to Rs 13.90.

 It was followed by Bank of Punjab with 18.167 million shares fell by Re 0.19 to Rs 9.05 and Silk Bank Limited with 14.573 million shares up by Re 0.19 to Rs 2.39.