Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

MPS Preview: High for Longer

KSE – 100 gains 54.86 points

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KSE100 extended on last week gains by closing at 39525.75 points. Index has managed to stay positive as political uncertainties make way for a smooth transition to the interim government after the announcement of election schedule investors have been instilled with increasing confidence.

Furthermore, appointment of Rana Fazal as the new finance minister has quashed any fears pertinent to the headless ministry of finance after the ex-FM Mr. Ishaq Dar was pronounced a proclaimed offender In NAB Investigation.

Sector-wise all share index turnover was led by Cement (30.224 million), Chemical (23.166 million), Technology & Communication (21.966 million) and with Fertilizer (6.224 million) and Insurance (5.559 million) stocks trailing at the bottom.

KSE-100 Index at the day end moved a total of +54.86 points up by +0.14%, closing in at 39525.75 points with index high-low range of 39719.13 -39293.37.

KSE – All Share Index Volume was at 178.175 million shares, value of shares traded for all-shares index reached PKR 7.180 billion.

The index movement was limited within the 425.76 points range.

50 companies closed up, whereas 36 were down at the day end.


Gainers of the Day

Symbol

Name

Net Change

BATA

Bata Pakistan

95

SAPL

Sapphire Fibres

55.31

COLG

Colgate – Palmolive

42

ABOT

Abbott Labs

28.09

UBDL

Millat Tractors Ltd.

18

 

Losers of the Day

Symbol

Name

Net Change

KHTC

Khyber Tobacco

-79.27

WYETH

Wyeth Ltd.

-50.16

SRVI

Service Industries Ltd.

-28.18

JDWS

JDW Sugar Ltd.

-17.49

GHNI

Ghani Ltd.

-10.14

 

Volume Leaders

Symbol

Name

Volume

LOTCHEM

Lotte Chemical

17,432,000

TRG

TRG Pak. LTd.

14,856,500

FCCL

Fauji Cement Co

14,628,000

PAEL

Pak Elektron

7,871,700

ASL

Aisha Steel

7,363,500

POWER

Power Cement

6,526,000

WTL

World Call Telecom

6,227,000

KEL

K-Electric

5,566,500

ISL

International Steel Ltd.

5,556,500

DSL

Dost Steel Ltd.

4,583,000

Posted on: 2017-12-26T17:50:00+05:00