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Mettis Global News

MPS Preview: High for Longer

Closing Bell: The misery prolongs to another day

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June 18, 2019 (MLN): The KSE-100 index lost additional 487 points in today’s session, as market participants failed to contain their urge to indulge in profit taking. Consequently, the benchmark index closed the day at 34,681 mark, down by 1.39% as compared to previous closing.  

Sector wise, the index was let down by Commercial Banks with 79 points, Fertilizer with 67 points, Oil & Gas Exploration Companies with 65 points, Cement with 59 points and Oil & Gas Marketing Companies with 55 points.

The most points taken off the index was by MCB which stripped the index of 31 points followed by PPL with 28 points, MARI with 26 points, NESTLE with 23 points and FFC with 23 points.

The Index traded in a range of 576.61 points, showing an intraday high of 35,187.11 and a low of 34,610.50.

Of the 90 traded companies in the index, 12 closed up, 75 closed down, while 3 remained unchanged. Total volume traded for the index was 82.05 million shares.

All Share Volume decreased by 24.01 Million to 104.13 Million Shares. Market Cap decreased by Rs.82.02 Billion.

Total companies traded were 319 compared to 347 from the previous session. Of the scrips traded 61 closed up, 239 closed down while 19 remained unchanged.

Total trades increased by 2,617 to 46,996.

Value Traded decreased by 0.92 Billion to Rs.4.04 Billion

Company Volume

Top Ten by Volume

Maple Leaf Cement Factory 14,727,500
TRG Pakistan 7,331,000
Pakistan International Bulk Terminal 5,564,000
K-Electric 4,829,000
Engro Polymer & Chemicals 3,652,000
Pak Elektron 3,534,500
Pioneer Cement 3,488,500
The Bank of Punjab 3,337,500
D.G. Khan Cement Company 3,152,500
Fauji Cement Company 2,859,000
Sector Volume

 

Top Sector by Volume

Cement 27,890,200
Technology & Communication 11,546,300
Chemical 8,172,950
Commercial Banks 7,025,400
Transport 6,149,500
Power Generation & Distribution 5,957,000
Oil & Gas Marketing Companies 5,898,400
Cable & Electrical Goods 3,569,600
Engineering 3,459,300
Oil & Gas Exploration Companies 3,224,260

 

 

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Posted on: 2019-06-18T16:49:00+05:00

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