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Mettis Global News
Mettis Global News

MPS Preview: High for Longer

Closing Bell :Oils well that ends well

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Sep 16, 2019 (MNL): The domestic equity market closed on a positive note after gaining 447 points and closing at 31,928 points level, all thanks to jump in the international oil prices.

The Index traded in a range of 469.64 points or 1.49 percent of previous close, showing an intraday high of 31,950.57 and a low of 31,480.93.

Of the 92 traded companies in the KSE100 Index 57 closed up 30 closed down, while 5 remained unchanged. Total volume traded for the index was 81.68 million shares.

Sectors propping up the index were Oil & Gas Exploration Companies with 225 points, Commercial Banks with 159 points, Oil & Gas Marketing Companies with 37 points, Fertilizer with 28 points and Pharmaceuticals with 16 points.

The most points added to the index was by OGDC which contributed 83 points followed by PPL with 75 points, UBL with 55 points, POL with 50 points and HBL with 43 points.

Sector wise, the index was let down by Cement with 23 points, Insurance with 10 points, Power Generation & Distribution with 6 points, Engineering with 5 points and Technology & Communication with 1 points.

The most points taken off the index was by HUBC which stripped the index of 25 points followed by LUCK with 23 points, MUREB with 8 points, AICL with 5 points and EFUG with 5 points.

All Share Volume increased by 1.51 Million to 104.61 Million Shares. Market Cap increased by Rs.74.38 Billion.

Total companies traded were 345 compared to 340 from the previous session. Of the scrips traded 184 closed up, 144 closed down while 17 remained unchanged.

Total trades increased by 1 to 47,651.

Value Traded increased by 0.31 Billion to Rs.4.98 Billion

Company Volume

Top Ten by Volume

D.G. Khan Cement Company 6,719,000
Oil & Gas Development Company 6,712,100
Hascol Petroleum 5,695,500
Unity Foods 5,693,500
K-Electric 4,759,000
Pak Elektron 4,270,500
Maple Leaf Cement Factory 3,799,500
Worldcall Telecom 3,728,000
Lotte Chemical Pakistan 3,683,000
Amreli Steels 3,133,500

 

Sector Volume

Top Sector by Volume

Cement 14,980,800
Oil & Gas Exploration Companies 10,695,220
Oil & Gas Marketing Companies 10,550,900
Power Generation & Distribution 8,533,000
Commercial Banks 8,424,900
Engineering 7,403,000
Technology & Communication 6,480,000
Vanaspati & Allied Industries 5,693,500
Chemical 5,025,240
Cable & Electrical Goods 4,403,700

 

 

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Posted on: 2019-09-16T17:49:00+05:00

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