Closing Bell: The misery prolongs to another day

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

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