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Home Equity Closing Bell: Let the bad times roll away
  • Equity

Closing Bell: Let the bad times roll away

By
News Desk
-
August 22, 2019

August 22, 2019 (MLN): The benchmark KSE 100 index has nailed another outstanding victory on trading floors by gaining 911 points in today’s trade and yanking up the index to 31,884 points after gap of 20 days.

Today’s gains also mark the index’s 4th day on the greener side, during which period it gained a net of 3,119 points.

The Index remained positive throughout the session touching an intraday high of 31,911.63

Of the 91 traded companies in the KSE100 Index 83 closed up 6 closed down, while 2 remained unchanged. Total volume traded for the index was 176.03 million shares which is the highest since February 27, 2019.

Sectors propping up the index were Oil & Gas Exploration Companies with 212 points, Commercial Banks with 181 points, Fertilizer with 98 points, Cement with 86 points and Power Generation & Distribution with 81 points.

The most points added to the index was by OGDC which contributed 81 points followed by PPL with 61 points, ENGRO with 58 points, POL with 52 points and HUBC with 50 points.

Meanwhile, the KSE All Share Volume increased by 127.13 Million to 261.69 Million Shares whereas Market Cap increased by Rs.173.09 Billion.

The total companies traded were 389 compared to 347 from the previous session. Of the scrips traded 334 closed up, 41 closed down while 14 remained unchanged.

On the other hand, the total trades increased by 18,837 to 76,701, while value Traded increased by 2.26 Billion to Rs.7.63 Billion.

CompanyVolume

Top Ten by Volume

Worldcall Telecom22,570,000
K-Electric17,928,000
The Bank of Punjab14,809,000
Unity Foods13,152,000
TRG Pakistan12,657,000
Maple Leaf Cement Factory12,612,000
Fauji Cement Company7,952,500
Pakistan International Bulk Terminal7,423,500
Pak Elektron7,301,500
Lotte Chemical Pakistan6,716,000
SectorVolume

Top Sector by Volume

Technology & Communication42,236,000
Cement34,451,800
Commercial Banks32,813,500
Power Generation & Distribution23,478,500
Chemical18,354,880
Oil & Gas Marketing Companies13,363,300
Vanaspati & Allied Industries13,164,400
Oil & Gas Exploration Companies12,873,080
Transport10,253,400
Engineering9,298,700

 

Copyright Mettis Link News

 

Posted on: 2019-08-22T18:16:00+05:00

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