Closing Bell: Capital markets in a fix!

March 29, 2019 (MLN): After witnessing a series of ups and downs at the trading floors, the market participants seemed to be in a fix as they closed the week in consolidation with the benchmarks KSE – 100 indices.  The index concluded today’s session by gaining merely 96 points and closed at 38,649 points.

The Oil & Gas Marketing Companies, Cement and Fertilizer sectors emerged as the top performer today as they lifted the index up by 88 points. The major scrips that contributed in the index’s performance were OGDC (+0.89%), UBL (+1.23%), ENGRO (+0.86%), LUCK (+1.3%) and SNGP (+3%).

The index observed trading of 83 million shares of the listed scrips, having a total value of Rs. 4.4 billion. Within a range of 249 points, the index touched an intra-day high of 38,733 points and an intra-day low of 38,483 points.

The broader KSE All share also gained around 112 points by the day end and closed in at 28,279 points. It traded nearly 137 million shares, having a value of Rs. 5.2 billion.

Total 295 companies transacted shares in the Stock Market today, out of which 16 recorded gains and 111 sustained losses whereas the share price of 22 companies remained unchanged.

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