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Closing Bell: The crepes of wrath

Jun 26, 2019 (MNL): In spite of an incredible performance in the initial half, the KSE-100 index ended today’s session on a slothful note as it lost nearly 102 points and closed at 34,088.56 points.

The benchmark Index witnessed an extremely volatile session as market participants showed concerns on possibility of Pakistan being blacklisted by FATF, as well as an unprecedented movement in exchange rate.

Sector wise, the index was let down by Commercial Banks with 79 points, Oil & Gas Marketing Companies with 25 points, Pharmaceuticals with 11 points, Automobile Assembler with 11 points and Textile Composite with 11 points.

The most points taken off the index was by HBL which stripped the index of 50 points followed by UBL with 26 points, PSO with 16 points, SEARL with 12 points and ENGRO with 11 points.

Sectors propping up the index were Tobacco with 26 points, Power Generation & Distribution with 26 points, Food & Personal Care Products with 17 points, Close – End Mutual Fund with 6 points and Fertilizer with 5 points.

The most points added to the index was by PAKT which contributed 26 points followed by HUBC with 21 points, POL with 16 points, NESTLE with 11 points and FATIMA with 9 points.

The Index traded in a range of 559.22 points or 1.64 percent of previous close, showing an intraday high of 34,290.63 and a low of 33,731.41.

Of the 98 traded companies in the KSE100 Index 38 closed up 54 closed down, while 6 remained unchanged. Total volume traded for the index was 115.48 million shares.

All Share Volume increased by 14.83 Million to 159.68 Million Shares. Market Cap increased by Rs.8.86 Billion.

Total companies traded were 349 compared to 343 from the previous session. Of the scrips traded 112 closed up, 202 closed down while 35 remained unchanged.

Total trades increased by 670 to 41,111.

Value Traded increased by 0.75 Billion to Rs.4.89 Billion

Company Volume

Top Ten by Volume

K-Electric 29,658,000
The Bank of Punjab 8,780,000
Habib Metropolitan Bank 5,372,000
Fauji Fertilizer Bin Qasim 5,075,000
Fauji Cement Company 5,071,000
Amreli Steels 4,506,000
Aisha Steel Mills 4,460,000
Telecard 3,972,500
Maple Leaf Cement Factory 3,791,000
D.G. Khan Cement Company 3,613,500


Sector Volume

Top Sector by Volume

Power Generation & Distribution 35,005,000
Commercial Banks 19,459,100
Cement 19,318,200
Technology & Communication 16,649,000
Engineering 13,816,800
Chemical 8,205,540
Fertilizer 6,896,900
Textile Composite 5,619,100
Oil & Gas Marketing Companies 4,843,800
Oil & Gas Exploration Companies 4,628,800



Copyright Mettis Link News


Posted on: 2019-06-26T17:35:00+05:00


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