The ongoing political uncertainty which had been causing the market to remain nervous for the past few days came to rest today with National Accountancy Bureau (NAB)’s verdict on the Avenfield case released today. As a result, benchmark KSE – 100 Index at the day end moved a total of 45.33 points, up by 0.11 percent and closing in at 40,284.14 with an index high – low range of 407 points.
Volume traded at KSE – 100 index decreased by 16.8 percent during the session, after total volume at the day end was recorded at 75.64 million versus 90.9 million the day before.
Oil and Gas exploration Companies, Food & Personal Care Products, Close – End Mutual Fund and Pharmaceutical industries were the worst performers today after collectively taking away 41.16 points from the index.
Sector wise top performers included Oil & Gas Marketing Companies, Power Generation & Distribution, Fertilizer and Refinery that collectively contributed 81.09 points to the index.
In KSE – 100 index, 40 companies ended the day in positive while 41 of them were down at the day end.
KSE – All share Index closed in at 29,519.05 points, down by 0.08 percent. It moved in the range of 263.43 points.
KSE All Share Index’s sector turnover was led by Power Generation & Distribution (40.9 million) followed by Cement sector (10.94 million), Commercial Banks (7014 million) and Chemical (4.63 million), again today.
KSE – All Share Index Volume was at 103.5 million shares, while the value of shares traded for all-shares index reached PKR 3.3 billion
In KSE – All Share index, 152 companies closed up whereas 109 companies ended in the negative.
Island Textile Mills
Seimen Pakistan Engineering Company
Pakistan tobacco Company
Services Industry Limited
Khyber Tobacco Company Limited
Mari Petroleum Company
Murree Brewery Company
National Foods Limited
Pak Int Bulk ®
TRG Pakistan Limited
D.G Khan Cement Company
Fauji Cement Company Limited