KSE – 100 ended today’s session slightly in the red. The capital markets opened positively and marched upwards for a few hours before dropping marginally, and trading sideways until the session ended. The trend during the rest of the day remained sluggish, and the index leaned slightly towards the bears at closing.
The 100 – index lost 48 points or 0.11% to conclude the day at 42,760 points. It travelled within a range of 288 points to peak at 42,993 points and drop to a low of 42,705 points.
A trading activity of 129 million shares, worth PKR 7.7 billion, was witnessed during the day by the companies listed within KSE – 100.
Cement took the lead amongst sectors contributing positively towards the 100 – index, as it added 101 points to it, alone. Commercial banks and Fertilizer, however, took 155 points from it, ending up as the two largest net losing sectors.
In total 95 companies traded within KSE – 100 today, of which 37 closed the session in green while 55 closed the session in red.
On the other hand, KSE All Share closed only 0.9 points over yesterday’s closing value, at 30,946 points.
The intraday high touched 31,056 points while the low logged in at 30,911 points, leaving the index with a bracket of 144 points to move.
A total of around 239.3 million shares were traded by the companies constituting the Karachi Stock Exchange, at a value worth PKR 9.9 billion.
Chemical sector took over the sector turnover at the broader KSE, as it traded 57.3 million shares during the day. Cement followed closed behind with 44 million shares traded.
By the end of the session, 150 companies had advanced, 166 companies had declined while 14 companies remained unchanged within Karachi Stock Exchange.
