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Star Cement Ltd s consolidated profit drops QoQ to Rs 67 99 crores
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Burnpur Cement Ltd Q1FY22 loss at Rs 18 23 crore
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Saurashtra Cement Ltd Q1FY22 consolidated PAT at Rs 12 88 crores
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Shree Cement to gift India s Olympic winners free cement to build their dream homes
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KSE-100 records impressive 770-point gain, edges towards 48,000 level All share index volume stood at 1.4 billion shares
June 1, 2021
Stocks advanced at Pakistan Stock Exchange on Monday, putting the benchmark KSE-100 index headed towards 48,000 level as a bull-run continues with strong volumes.
On Monday the index clocked at 47,896 level after gaining around 770 points by the closing bell, as the Index remained in a positive territory throughout the session, showing an intraday high of 47,979 after it gained about 850 points.
Irfan Saeed, Senior Vice President, BMA Capital Management Limited, said that Market witnessed strong momentum owing to positive economic indicators across the board, but the strong sentiments can primarily be attributed to the State Bank of Pakistan’s decision to keep its policy interest rate unchanged at 7 percent for the fifth consecutive time, for the next two months.