Closing Bell - Index Gains 1.51 Percent

MG News | May 23, 2017 at 06:02 PM GMT+05:00

0:00

Pakistan Stock Exchange started the week on a positive note on Monday and has continued the momentum onto Tuesday. The sentiment was bullish in the market, as it closed 773.46 points higher than yesterday’s tally. By the close of trading the market reached a total of 52,146.97 points. As Emerging Markets stocks have another good day.

The buying trend from local mutual funds continued from yesterday. The sectors which gained the most were Commercial Banks, Oil & Gas and Fertilizer.

The market leaders in today session were Wyeth Pak +5.00%, Millat Tractors +3.88, Unilever Foods 0.81%, Exide Pak +5.00% and Indus Dyeing +5.00%.

The decliners in today’s session were Sapphire Fiber -5.00%, Sanofi-Aventis -1.78%, Khyber Tobbaco -1.56%, Al-Abbas Sugar -4.36% and Thal Ind Corp-1.84%.

All Share Volume increased by 83.73 Million to 323.92 Million Shares. Market Cap increased by Rs.123.96 Billion.

Total companies traded were 417 compared to 394 from the previous session. Of the scrips traded 273 closed up, 132 closed down while 12 remained unchanged.

Total trades increased by 20,667 to 109,796.

Value Traded increased by 7.05 Billion to Rs.19.62 Billion

Top Ten by Volume
Company	Volume
Lotte Chemical Pakistan	40,677,000
TRG Pakistan	12,638,000
Chakwal Spinning Mills	11,496,000
Dewan Farooque Motors	9,544,500
K-Electric	9,328,000
Oil & Gas Development Company	8,836,100
Worldcall Telecom	8,182,000
Kohinoor Spinning Mills	7,090,000
Sui Northern Gas Pipelines	5,848,000
The Bank of Punjab	5,654,500

Top Sector by Volume
Sector	Volume
Chemical	50,119,390
Commercial Banks	34,700,900
Textile Spinning	29,618,450
Technology & Communication	25,606,500
Power Generation & Distribution	17,570,400
Textile Composite	14,635,540
Cement	14,493,700
Automobile Assembler	13,835,410
Engineering	13,286,700
Fertilizer	12,935,300

Related News

Name	Price/Vol	%Chg/NChg
KSE100	185,543.01 576.35M	-0.52% -975.70
ALLSHR	110,883.95 1,421.07M	-0.21% -234.71
KSE30	56,998.00 313.06M	-0.83% -479.10
KMI30	261,472.18 320.16M	-0.88% -2323.37
KMIALLSHR	71,138.29 707.65M	-0.30% -213.12
BKTi	54,074.14 81.81M	-1.08% -590.97
OGTi	36,259.39 25.98M	-0.18% -64.48

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	90,190.00	91,840.00 89,760.00	-1045.00 -1.15%
BRENT CRUDE	60.94	60.99 59.96	0.98 1.63%
RICHARDS BAY COAL MONTHLY	86.75	0.00 0.00	0.05 0.06%
ROTTERDAM COAL MONTHLY	98.10	98.15 97.75	-0.60 -0.61%
USD RBD PALM OLEIN	1,027.50	1,027.50 1,027.50	0.00 0.00%
CRUDE OIL - WTI	56.84	56.94 55.97	0.85 1.52%
SUGAR #11 WORLD	14.95	15.04 14.90	-0.03 -0.20%