Index closes in red as participation sinks to 1 ½ month lows

KSE – 100 Index today lost points yet again after investors remained aloof amidst lack of confidence. The market was jumpy throughout the day after losing 158 points at day end.

Market participation stooped to new lows after it sunk by more than 46.44 percent reaching 39 million from 111 million yesterday.

Volume traded at KSE – 100 index declined by 64.44 percent during the session after total volume clocked in at 39.580 million versus 111.309 million yesterday.

Commercial Banks, Cement and Fertilizer sector companies during today’s session were at the bottom today after collectively taking away more than 109.63 points.

Sector-wise all share index top sector turnover was led by Commercial Banks (12.834 million), Inv. Banks/Cos./Securities (9.360 million), and Chemical (6.541 million).

KSE – 100 Index at the day end moved a total of -158.33 points down 0.37 percent, closing in at 42,301.20 with index high – low range of 42579.81 – 42198.84.

KSE – All Share Index Volume was at 77.350 million shares, the value of shares traded for all-shares index reached PKR 2.856 billion.

The index moved in the range of 380.97 points.

30 companies closed up, whereas 56 were down at the day end.


Gainers of the Day

Symbol

Name

Net Change

PAKT

Pak Tobacco

41.67

POML

Punjab Oil Mills

13.53

BIFO

Biafo Industries

13.52

KHYT

Khyber Tobacco

12.15

SRVI

Services Industries

11.8

 

Losers of the Day

Symbol

Name

Net Change

BATA

Bata Pakistan

-75

HINO

Hino Pak Motors

-24

SHEZ

Shezan International

-23.99

INDU

Indus Motor Company

-21.61

GATI

Gatron (Industries) Limited

-13.3

 

Volume Leaders

Symbol

Name

Volume

FABL

Faysal Bank

5,105,500

FDIBL

First Dawood Investment Bank

3,918,000

UNITY

Unity Foods

3,796,000

EPCL

Engro Polymer & Chemicals Limited

3,537,500

BOP

Bank of Punjab

3,397,500

FFL

Fauji Foods Limited

3,212,500

TRG

TRG Pakistan

3,082,000

KEL

K-Electric

2,598,500

FCSC

First Capital Securities Limited

2,540,000

PAEL

Pak Elektron

2,497,500

 

Posted on: 2018-05-16T17:49:00+05:00