Share market continues positive momentum from last week

KARACHI: The stock market has been consistently posting gains since the beginning of the outgoing week, a momentum that continued on the opening day of the current trading week.

The benchmark KSE-100 index posted 234.82 points gain on Monday until noon. The benchmark KSE-100 index stayed in green through the morning, opening at 47,493.57 points, and was seen hovering at 47,728.39 points by midday.

Stock market closes trading week with a positive trend

Trading volume also remained encouraging with over 47 million shares trading until midday.

A range of companies from different sectors showed green trading, indicating that the market confidence was improving altogether and not dependent upon a specific sector or company. However, the E&P companies were seen struggling a little bit on Monday morning.