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

MPS Preview: High for Longer

KSE-100 index down by 196.09 points at day end

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Index began the day on a bullish note but couldn’t sustain the momentum as it lost more than 196 points by the day end. Weak investors’ sentiments were witnessed as World Bank downgraded Pakistan’s GDP growth estimate from 5.8% to 5.0% for the fiscal year 2018-19.

Volume traded at KSE – 100 index increased by 6.935 percent during the session after total volume clocked in at 169.835 million versus 158.817 million yesterday.

Commercial Banks, Fertilizer and OMC Companies during today’s session was at the bottom today after collectively taking away more than 180.71 points.

Sector-wise all share index top sector turnover was led by Commercial Banks (81.385 million), Chemical (19.52 million), and Cable and Electrical Goods (23.38 million).

KSE – 100 Index at the day end moved a total of -196.09 points down by 0.44 percent, closing in at 43,948.11 with index high – low range of 44,332.86– 43,894.34

KSE – All Share Index Volume was at 226.433 million shares, the value of shares traded for all-shares index reached PKR 8.910 billion.

The index moved in the range of 438.52 points.

21 companies closed up, whereas 67 were down at the day end.

Net Gainers

Symbol

Companies

Net Change

COLG

Colgate Pakistan

129

LUCK

Lucky Cement

13.52

APL

Attock Petroleum Limited

9.6

HCAR

Honda Cars

6.12

NRL

national refinery Limited

3.18

 

Net Losers

Symbol

Companies

Net Change

ICI

ICI Pakistan

-43.57

INDU

Indus Motors

-15.15

POML

Punjab Oil Mills Limited

-14.87

THALL

Thal Limited

-10.95

HASCOL

Hascol Petroleum Limited

-7.79

 

Volume Leaders

Symbol

Companies

Volume

BOP

Bank Of Punjab

63,250,000

PAEL

Pak Elektron

21,718,000

PIBTL

Pak International bulk terminal

19,070,000

BAFL

Bank Alfalah

7,949,500

TRG

TRG Pakistan

7,220,500

KEL

K Electric

4,651,500

FCCL

Fauji Cement Co. ltd

4,342,500

DGKC

DG Khan Cement

3,598,000

UBL

United Bank Limited

2,142,600

SNGP

Sui Northern Gas Pipeline Limited

1,732,600

Posted on: 2018-06-07T15:45:00+05:00