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Commercial Banks Lead the Way as 100 Index Jumps 395 Points

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The last session of KSE – 100 this week continues on a positive trajectory, as the market closed in at 40,271 points after having jumped up by 395 points or 0.99%. The peak trading point today went up to 40,388 points while it touched a low of 39,851 points, moving in a range of 537 points.

The total volume of shares traded today picked up from 59 million traded yesterday, to a total of 86.9 million shares traded by the end of today’s session. 

Commercial Banks remained the best performers throughout the day, ahead of State Bank of Pakistan (SBP)’s expected decision to increase interest rate in the monetary policy announcement scheduled for tomorrow. Commercial Banks ended up contributing a total of 443 points to the 100 index.

The Net losers at KSE – 100 today were Fertilizer, Oil & Gas Marketing Companies and Cement, collectively deducting 84 points from the index.

Within KSE – 100 Index, 52 companies closed the session positively while 40 ended negatively.

KSE All Share Index took a leap of 313 points today to reach 29,364 points by the day end. The highest point for the index was 29,383 points while the lowest was recorded at 29,044 points as it swung between a range of 338 points. The total volume traded by the day end today increased by 15% from yesterday’s volume, and was recorded at 124.5 million, at a value of PKR 5.7 billion.

Like yesterday, Commercial Banks again led the sector turnover today with a trading volume of 45.5 million shares.

175 companies ended the session positively in KSE All share index today, whereas 112 companies were in the red by the day end.

 

Net Gainers (KSE ALL Shares)

Symbol

Companies

Net Change

PMPK

Phillip Morris Pakistan Limited

119.99

PAKT

Pakistan Tobacco Company

79.37

MARI

Mari Petroleum Company

32.31

SAPL

Sanofi-Aventis Pakistan Limited

22.04

SIEM

Siemen Pakistan Engineering Co. Limited

19.17

 

Net Losers (KSE ALL Shares)

Symbol

Companies

Net change

JLICL

Jubilee Life Insurance Company Limited

-34.98

COLG

Colgate-Palmolive Pakistan Limited

-20.22

INDU

Indus Motors Company Limited

-18.72

POML

Punjab Oil Mills Limited

-14.39

MFFL

Mitchells Fruit Farms Limited

-13.90

 

Volume Leaders (KSE ALL Shares)

Symbol

Companies

Volume

BOP

Bank of Punjab

18,691,000

KEL

K-Electric Limited

5,427,500

FABL

Faysal Bank Limited

5,174,000

EPCL

Engro Polymer and Chemicals Limited

5,029,000

PTC

Pakistan Telecommunication Company Limited

4,586,500

 

 

Posted on: 2018-07-13T18:07:00+05:00

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