Closing Bell: Reduction in NSS rates elevates optimism in equity market

November 6, 2019 (MLN): The KSE-100 index ended the trading session on Wednesday with a 295.02 point or 0.83 percent gain to close at 35,653.33.

The index remained highly positive throughout the day touching an intraday high of 35,985, mainly because of the cut in profits rates of National Saving Schemes, which was announced last night.

Of the 94 traded companies in the KSE100 Index 67 closed up and 27 closed down. Total volume traded for the index was 194.37 million shares.

Sectors propping up the index were Cement with 53 points, Inv. Banks / Inv. Cos. / Securities Cos. with 45 points, Fertilizer with 25 points, Food & Personal Care Products with 24 points and Tobacco with 23 points.

The most points added to the index was by DAWH which contributed 42 points followed by PAKT with 31 points, PPL with 22 points, LUCK with 20 points and EFERT with 16 points.

All Share Volume decreased by 10.42 Million to 298.06 Million Shares. Market Cap increased by Rs.72.72 Billion.

Total companies traded were 379 compared to 370 from the previous session. Of the scrips traded 248 closed up, 115 closed down while 16 remained unchanged.

Total trades increased by 4,792 to 88,019.

Value Traded increased by 1.85 Billion to Rs.10.53 Billion

CompanyVolume

Top Ten by Volume

Worldcall Telecom15,795,500
Fauji Cement Company15,656,500
K-Electric14,700,500
Unity Foods14,608,500
Pak Elektron14,312,000
Lotte Chemical Pakistan11,500,500
Pakistan International Bulk Terminal9,615,500
Fauji Foods8,850,500
Engro Fertilizers8,215,500
TRG Pakistan7,213,000

 

SectorVolume

Top Sector by Volume

Cement45,099,000
Chemical29,463,296
Technology & Communication27,997,000
Fertilizer20,149,200
Power Generation & Distribution19,638,000
Oil & Gas Marketing Companies16,298,100
Cable & Electrical Goods15,363,450
Vanaspati & Allied Industries14,611,600
Engineering13,855,800
Commercial Banks13,815,600

 

 

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Posted on: 2019-11-06T17:38:00+05:00

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