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

MPS Preview: High for Longer

Closing Bell – Index Gains 1.24 Percent

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The stock market started the week with a bullish sentiment as the market gained 631.38 points, a 1.24 percent increase. The Monday’s session closed on a tally of 51,373.51 points.

The intraday market activity saw a high of 51,373.51 points with a low of 50,742.03

The top gainers in today’s session were Wyeth Pak +5.00%, Exide Pak +5.00%, ICI Pakistan +3.86%, Thal Ind Corp +4.93% and Pakistan Oil fields +4.24%.

The decliners during intraday trading were; HinoPak Motors -1.15%, Jubilee Life Ins -1.99%, Fazal Cloth -4.99%, Pakistan Cables -2.23% and Mari Petroleum -0.45%.

All Share Volume decreased by 104.86 Million to 240.19 Million Shares. Market Cap increased by Rs.100.90 Billion.

Total companies traded were 394 compared to 413 from the previous session. Of the scrips traded 239 closed up, 146 closed down while 9 remained unchanged.

Total trades decreased by 10,487 to 89,129.

Value Traded increased by 0.08 Billion to Rs.12.57 Billion

Company Volume
Top Ten by Volume
Silkbank 16,753,500
Pervez Ahmed Securities 13,100,000
Worldcall Telecom 11,148,500
Dewan Farooque Spinning Mills 8,371,500
Dewan Farooque Motors 8,038,000
Azgard Nine 6,737,000
Pace (Pakistan) 6,389,000
Chakwal Spinning Mills 6,037,000
Kohinoor Spinning Mills 5,922,500
Quice Food Industries 5,233,000


Sector Volume
Top Sector by Volume
Commercial Banks 33,789,600
Textile Spinning 28,141,700
Technology & Communication 23,618,000
Inv. Banks / Inv. Cos. / Securities Cos. 17,365,000
Automobile Assembler 13,826,760
Textile Composite 13,428,350
Chemical 11,989,200
Engineering 11,480,000
Cement 9,510,700
Miscellaneous 9,481,600


Posted on: 2017-05-22T17:11:00+05:00