)

BUSINESS

Stocks Stage Rally : KSE 100 Gains Over 800 Points

The Pakistan Stock Exchange staged a rally on first trading session of the week.

Indices accumulated gains all day long while volumes declined from last close.

Accumulating 898.14 points the Benchmark KSE-100 index recorded intraday high of 41,949.93.

It settled higher by 826.78 points at 41,878.57.

The KMI 30 index appreciated by 1,420.78 points closing at 68,934.08.

While the kse all share index was up by 450.36 points ending at 28,646.39.

Overall market volumes fell from 423.47 million shares in last session to 236.38 million shares.

Sectors driving the Benchmark KSE 100 index north included banking sector 182.17 points, fertilizer sector 96.84 points and cement sector 93.30 points.