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

MPS Preview: High for Longer

KSE-100 index adds 27 points at day end; fails to maintain momentum

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Markets faltered on yesterday’s rally after it closed up by a meagre addition of 27.43 points. The index achieved an intraday points high of 316 points but couldn’t hold on to the momentum.

Activity wise, more than 18 million shares of Faysal Bank (FABL) were traded in the market today.

Volume traded at KSE – 100 index decreased by 16.7 percent during the session after total volume clocked in at 76.640 million versus 92.108 million yesterday.

Commercial Banks, Power Generation and Tobacco Sector’s Companies during today’s session were at the lead today after collectively contributing more than 119.08 points.

Fertilizer, E&P, Cement and Insurance Sector’s companies during today’s session was at the bottom today after collectively taking away more than 87.31 points.

Sector-wise all share index top sector turnover was led by Commercial Banks (30.757 million), Cement (13.843 million) and Investment Bank and Securities (11.83 million)

KSE – 100 Index at the day end moved a total of 27.43 points up 0.06 percent, closing in at 42,772.25 with index high – low range of 43,060.68– 42,676.51 .

KSE – All Share Index Volume was at 131.332 million shares, the value of shares traded for all-shares index reached PKR 5.526 billion.

The index moved in the range of 384.17 points.

38 companies closed up, whereas 48 were down at the day end.

Gainers of the Day

Symbol

Name

Net Change

PAKT

Pakistan Tobacco

100.00

IGIHL

IGI Holdings

6.40

SHEL

Shell Pakistan

6.21

ACPL

Attock Cement Pakistan

4.61

NATF

National Foods Limited

4.25

 

 

Losers of the Day

Symbol

Name

Net Change

ICI

ICI Pakistan

-19.29

INDU

Indus Motor Company

-14.83

MUREB

Murree Brewery Pakistan

-7.34

LUCK

Lucky Cement

-6.90

THALL

Thal Industries Limited

-6.73

 

 

Volume Leaders of the Day

Symbol

Name

Volume

FABL

 Faysal Bank Limited.

 18,274,000 

PAEL

 Pakistan Elektron Ltd.(XD)

 6,919,000 

FCCL

 Fauji Cement Co Ltd.(XD)

 6,909,500 

BOP

 Bank Of Punjab.

 5,926,000 

SNGP

 Sui Northern Gas Pipe Line Ltd.

 5,549,300 

TRG

 TRG Pakistan Ltd.

4,623,500

BAHL

Bank Al Habib Limited

2,201,500

OGDC

Oil & Gas Development Company

1,612,300

SSGC

Sui Southern Gas Company Limited

1,550,000

KEL

K-Electric

1,442,500

 

Posted on: 2018-05-23T17:05:00+05:00