KSE 100 end the day in the positive after consecutive reds

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.

Net Gainers

Symbol

Companies

Net Change

ILTM

Island Textile Mills

52.00

SIEM

Seimen Pakistan Engineering Company

37.43

PAKT

Pakistan tobacco Company

22.50

HINO

Hinopak Motors

20.84

SRVI

Services Industry Limited

12.90

 

Net Losers

Symbol

Companies

Net change

WYETH

Wyeth Pakistan

-41.07

KHTC

Khyber Tobacco Company Limited

-31.31

MARI

Mari Petroleum Company

-22.15

MUREB

Murree Brewery Company

-21.63

NATF

National Foods Limited

-14.62

 

Volume Leaders

Symbol

Companies

Volume

KEL

K-Electric

40,438,500.00

PIBTLR3

Pak Int Bulk ®

4,580,000.00

TRG

TRG Pakistan Limited

3,312,000.00

DGKC

D.G Khan Cement Company

3,222,600.00

FCCL

Fauji Cement Company Limited

3,128,500.00

Posted on: 2018-07-06T17:51:00+05:00

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