KSE – 100 index falls 195.81 points

KSE – 100 index was under pressure today as index ended the session dropping by 195 point’s to close at 41,239. Investor participation was low as market awaits reclassification of MSCI-EM index. Market analysts expect that Pakistan’s weightage in the EM index will be significantly decreased during the reclassification.

Oil & Gas Marketing Companies, Fertilizer, Power Generation & Distribution and Cement sector scrips took the index downward during the session taking away more than 128.7 points from the index. Index participation was significantly weaker today. Cement sector suffered from selling pressure as MLCF -2.90%, CHCC -2.39%, and DGKC -0.84% all closed in red.

Sector-wise all share index turnover was led by Technology & Communication (15.46 million), Engineering (10.67 million), and Textile Composite (8.16 million) stocks, and with Cable & Electrical Goods (3.48 million) and Insurance (3.26 million) stocks trailing at the bottom.

KSE-100 Index at the day end moved a total of -195.81 points down by 0.47%, closing at 41239.89 points. Index Volume was 34.164 million shares, value of shares traded was PKR 2.63 billion with index high-low range of 41435.70 – 41141.85.

The index movement was limited within the 293.85 points range.

24 companies closed up, whereas 55 were down at the day end.


Gainers of the Day

Symbol

Name

Net Change

ATLH

Atlas Honda

19.44

MUREB

Murree Brewery

12.14

SHFA

Shifa International

10.26

SHEL

Shell Pakistan

9.68

ACPL

Attock Cement Pakistan

7.47

 

Losers of the Day

Symbol

Name

Net Change

NESTLE

Nestle Pakistan

-150

MARI

Mari Petroleum

-24.7

GADT

Gadoon Textile Mills

-8

SEARL

Searle Pakistan

-7.22

PSMC

Pak Suzuki Motors

-6.63

 

Volume Leaders

Symbol

Name

Volume

TRG

TRG Pakistan Ltd.

13,044,500

SSGC

Sui Southern Gas Company

2,711,000

PAEL

Pak Elektron

2,490,500

OGDC

Oil & Gas Development  Authority

1,619,500

DCR

Dolmen City REIT

1,527,000

BOP

Bank of Punjab

1,143,000

SNGP

Sui North Gas Pipelines Ltd.

1,086,300

MLCF

Maple Leaf Cement Factory

1,054,400

KEL

K-Electric

947,500

ATRL

Attock Refinery

906,100

 

Posted on: 2017-11-13T18:25:00+05:00