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

MPS Preview: High for Longer

Closing Bell – KSE-100 closes 0.46 percent down at 48,555.30 points

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Market closed on a tally of 48,555.30 points or a -0.46%. The market was in a much better position today compared to yesterday’s performance as the drop in the market opened up opportunities for seasoned investors to re enter.

The net gainers during today’s session were; Unilever Pakistan Foods Ltd. UPFL +2.03%, Colgate-Palmolive Ltd. COLG +4.62%, Service Industries Ltd. SRVI +2.35%, ICI Pakistan Ltd. ICI +2.53% and Packages Limited PKGS +3.12%.

The net decliners during the session were; Sapphire Textile Mills Ltd. SAPT -5.00%, Rafhan Maize Products Company Ltd. RMPL -0.93%, Exide Pakistan Ltd. EXIDE -3.93%, The Thal Industries Corporation TICL -5.00% and Mari Petroleum MARI -1.39%.

All Share Volume decreased by 182.17 Million to 221.76 Million Shares. Market Cap decreased by Rs.60.24 Billion.

Total companies traded were 356 compared to 394 from the previous session. Of the scrips traded 155 closed up, 190 closed down while 11 remained unchanged.

Total trades decreased by 37,242 to 74,297

Value Traded decreased by 11.72 Billion to Rs.15.78 Billion

Company Volume

Top Ten by Volume

Power Cement(R) 16,282,500
Bank Of Punjab(R) 12,512,500
K-Electric 12,086,000
TRG Pakistan 10,434,500
Engro Polymer & Chemicals 8,872,000
International Steels 6,500,000
Pak Elektron 6,453,000
Azgard Nine 6,342,000
Aisha Steel Mills 6,256,000
Bank Alfalah 5,704,500


Sector Volume

Top Sector by Volume

Commercial Banks 41,199,200
Cement 30,530,750
Engineering 20,786,500
Power Generation & Distribution 16,587,900
Technology & Communication 16,073,000
Chemical 14,084,560
Fertilizer 9,857,400
Textile Composite 9,340,500
Textile Spinning 7,782,800
Cable & Electrical Goods 7,409,000


Posted on: 2017-06-02T13:21:00+05:00