KARACHI: Oil & Gas Development Co Ltd (OGDCL) boosted Karachi Stock Exchange (KSE) to claim 84.74 points on the rollover day.
Analysts said Friday’s gains were mainly contributed by the index heavyweight, OGDC.
The benchmark 100-Index went up by 0.38 percent to close at 22,445.59 mark.
“The surprising earnings announced by the oil giant spurred its trade by two million shares with stocks growing by 3.3 percent”, they added.
On the other hand the National Bank of Pakistan (NBP) forced disappointed investors to offload their holding, they further said.
The OGDC rose 3.27 percent to Rs262.50 while the NBP was down 4.99 percent to Rs49.72.
0 comments:
Post a Comment