KSE – 100 index closes the week in consolidation amid dull market participation

January 11, 2019 (MLN): Trading activity within capital markets remained mixed today as the benchmarks 100 index escalated to an intraday high of 39,278 points and slid to an intraday low of 38,780 points, moving within a range of 498 points and closing the last session of the week in consolidation.

The KSE – 100 index was concluded at 39,049 points, only 41 points lower than yesterday’s closing. However, the volume of trade and its value both exceeded yesterday’s figures remarkably.

The index witnessed a trading activity of 91.6 million shares at Rs.5.6 billion. Out of the 90 companies within the 100 index, whose shares were traded today, 36 companies recorded an increase in share prices whereas 49 companies recorded a decline.

Sector-wise, Cement, Tobacco and Chemical companies took away the most points from the index. In particular, the constituents that contributed the most to this were ENGRO (-2.16%), DAWH (-3.38%) and PAKT (-3.32%).

On the other hand, the broader KSE All Share shed 89 points today, marking the day end at 28,738 points.

The volume of share traded were recorded at 123.6 million shares at a value of Rs.6.4 billion.

Copyright Mettis Link News

Posted on: 2019-01-11T17:55:00+05:00

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