Closing Bell: No pain, no gain

Jul 17, 2019 (MNL): The KSE-100 index endured quite a volatile yet nerving session today. Despite going up by around 400 points in the initial hours and touching an intra-day high of 33,381 points, it closed in consolidation by accumulating just 10 points at 32,981-mark, as local investors reverted to their ritual of profit-taking.

Sectors propping up the index were Commercial Banks with 30 points, Power Generation & Distribution with 17 points, Inv. Banks / Inv. Cos. / Securities Cos. with 16 points, Food & Personal Care Products with 16 points and Chemical with 14 points.

Scrip wise, the index was driven up by NESTLE (+4.41%), MARI (+0.39%), PKGS (+1.34%), MUREB (+0.47%) and GLAXO (+2.78%). On the contrary, it was let down by INDU (-4.22%), MTL (-0.97%), ARPL (-1.46%), HCAR (-4.75%) and SRVI (-1.03%),

Of the 88 traded companies in the KSE100 Index 39 closed up 44 closed down, while 5 remained unchanged. Total volume traded for the index was 93.84 million shares.

All Share Volume decreased by 27.17 Million to 111.56 Million Shares. Market Cap increased by Rs.7.47 Billion.

Total companies traded were 308 compared to 316 from the previous session. Of the scrips traded 145 closed up, 146 closed down while 17 remained unchanged.

Total trades decreased by 6,051 to 43,902.

Value Traded decreased by 0.83 Billion to Rs.3.71 Billion

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