Capital market rests for the second day in a row

Capital markets remained in a state of consolidation for the second day in a row as the KSE – 100 index was dominated primarily by a sideways trading trend during the day.

The index closed another day marginally down from its previous closing and was recorded at 42,731 points, shedding merely 28 points over the day.

Travelling within a range of 217 points, the index advanced to an intraday high of 42,857 points and dropped to an intraday low of 42,639 points.

The companies listed in the KSE – 100 index traded almost 93 million shares today, witnessing a close to 30% decline in yesterday’s trading activity. The value of trade locked in at PKR 7.2 billion today, down by 7% from yesterday.

The sectors contributing the most towards 100 – index were Oil & Gas Exploration Companies and Commercial Banks, while the sector that took the most points from it was Cement.

91 companies traded within KSE – 100 traded today, of which 40 companies advanced, 46 companies declined and 5 companies remained unchanged.

The broader KSE All Share Index shed 35 points today to conclude the session at 30,910 points. Intraday high was recorded at 30,995 points while the low was recorded at 30,877 points today.

A trading activity of 191.5 million shares was witnessed within KSE All Share today, at a value worth PKR 9 billion.

Chemical led the sector turnover with respect to volume for the third consecutive session within Karachi Stock Exchange today.

141 companies listed at the Karachi Stock Exchange closed the session positively while 162 companies closed the session in the red.

NET GAINERS:

NET LOSERS:

VOLUME LEADERS: