Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

MPS Preview: High for Longer

Closing Bell: Another lackluster trading day

Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp

October 15, 2019 (MNL):  Previous working day’s losses on trading floors carried on today’s session as the benchmark KSE-100 Index lost 102 points and ended at 34,083 level amid lack of positive triggers resulted in selling pressure for investors.

The Index traded in a range of 330.07 points or 0.97 percent of previous close, showing an intraday high of 34,259.07 and a low of 33,929.00.

Of the 89 traded companies in the KSE100 Index 46 closed up 40 closed down, while 3 remained unchanged. Total volume traded for the index was 99.81 million shares.

Sector wise, the index was let down by Oil & Gas Exploration Companies with 59 points, Power Generation & Distribution with 45 points, Fertilizer with 18 points, Oil & Gas Marketing Companies with 12 points and Pharmaceuticals with 6 points.

The most points taken off the index was by HUBC which stripped the index of 41 points followed by POL with 23 points, OGDC with 21 points, SNGP with 14 points and ENGRO with 11 points.

Sectors propping up the index were Chemical with 7 points, Textile Composite with 6 points, Transport with 5 points, Commercial Banks with 4 points and Cement with 4 points.

The most points added to the index was by HBL which contributed 9 points followed by FCCL with 9 points, FABL with 8 points, COLG with 6 points and MCB with 6 points.

All Share Volume increased by 18.47 Million to 156.40 Million Shares. Market Cap decreased by Rs.15.04 Billion.

Total companies traded were 368 compared to 371 from the previous session. Of the scrips traded 185 closed up, 158 closed down while 25 remained unchanged.

Total trades increased by 2,066 to 55,623.

Value Traded increased by 0.50 Billion to Rs.5.30 Billion

Company Volume

Top Ten by Volume

Worldcall Telecom 18,275,500
Fauji Cement Company 14,256,500
Lotte Chemical Pakistan 8,671,500
Engro Polymer & Chemicals 7,300,000
Unity Foods 5,322,500
Attock Refinery 5,267,000
TRG Pakistan 5,233,000
Dost Steels 5,227,000
Hascol Petroleum 4,832,500
K-Electric 4,753,500

 

Sector Volume

Top Sector by Volume

Cement 27,481,800
Technology & Communication 26,669,000
Chemical 17,978,020
Engineering 14,918,000
Commercial Banks 12,533,900
Oil & Gas Marketing Companies 8,353,000
Refinery 7,691,500
Power Generation & Distribution 6,453,000
Vanaspati & Allied Industries 5,327,700
Transport 4,608,000

 

 

Copyright Mettis Link News

 

Posted on: 2019-10-15T17:55:00+05:00

30565